Market is excited about the talks of tax reform proposal. Today's unemployment figures came out better than expected. Tech sector led the push up along with RUT. Both closed above 1%. Market is expecting a good employment report so all majors closed on their high notes. SPX and NASDAQ appear ready to make new highs. It may happen tomorrow with the job report or after the long weekend.
Made 5 trades with 2 deep ITM rollovers and couple SPY profit taking and roll up hedging. The rollover of SPY and IWM from yesterday were timely. I missed the up swing of QQQ since I hesitated to enter its calls yesterday. The rolling of the deep ITM positions were difficult with today's upswing and low volatility. I have 3 more to do tomorrow. Need to be focus and flexible.
Net liq lost 5.8K on this 1% upswing. It's down to 143K now. Luckily I was able to exit 2 RUT bear calls on the pull back earlier this month. Otherwise I would have been sweating already. The two bear calls in ET are under pressure.
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