It was a small range, choppy day. RUT and NASDAQ showed some bullish movements but SPX and DOW were legging. After hour the news of another missile lunch from North Korea sunk futures for about 0.5%. Market is getting nervous. Let's wait to see what will develop overnight. I would welcome a 3-5% pull back in August.
Made one trade. A risk reversal in next week's SPY call side based on MACD. No other order was filled.
I used the boring time to learn Ratio hedge. There may be some selling opportunities tomorrow as the NK tension is back again.
Net liq stayed in range down slightly. Margin ratio is around 50%. I transferred another 5K to ET as I got some breathing room in IB.
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