Tuesday, September 19, 2017

In Waiting Mode 9-19-17

Market chopped most of the day and closed flat. It's in a waiting mode for FOMC. Market appears completeness and  no fear of anything. There may be a blow off top tomorrow. 

Made 9 trades today. Most of them are hedge extensions in small cars. Used RR and Ratio to buy more of RUT short tern calls to reduce margin. Rolled some ITM IWM. Closed TSLA bear calls at 68% profit and released 6K margin. No premiums are collected. 

Net liq ended flat. I didn't have to wire funds in today. Margin ratio is above 100% before I could roll any of my ITM big cars. It may be another tough week to roll but I have to do it. 

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