With Irma making much less damage and and ease of N.Korean tension futures market gaped up on Sunday night. It was a one way driving market during the regular hr. All majors closed above 1% on their highs of the day. SPX made an ATH closing of 2488. The surge may not be over yet for SPX and NASDAQ. RUT is only retest the mid from the top. It has more room to go. The up trend is resumed. September may turn out to be another up month.
Made 9 trades. Rolled out some SPY, QQQ and IWM long calls to lock in some profit and extend the positions. Also closed some put positions. Sold one bear call in RUT end of Oct. Watched a video about how to calculate maximum return on credit spread. It's not that the wider is better. I will try to test this concept.
Net liq gave back 6.4K on this 1% pop. Margin ratio is at 50%. Calls are pressured. I will use any pull back to add long calls and hedge both side.
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