N.K claims that US declared war with them. The tension escalated but futures opened flat on Sunday night. NASDAQ continued its slid to over 1% today while SPX recovered most of its losses and made a doji. RUT made its ATH in early trading and closed above 1450 despite a weak market. It appears that market is holding up for the tax reform proposal of this Wednesday. Are we going to see a sell on news or pop on news?
Made 10 trades today. My SPY 249 long call got assigned over the weekend. I don't know how I missed it. I plan to sell the 100 shares and try to break even. Rolled IWM 141 long call to 142.5 next week to lock in some profit. Also rolled a RUT and SPX ITM short calls with net loss. Sold 2 add on of ZGNX $3 puts. I need to keep it small for risky bio tech.
Net liq lost another 1.8K and went below 110 mark. I will have to wire fund tomorrow. It has dragged from last Thursday and no any meaningful relief came my way. I don't think the bulls will release the gas paddle until the tax reform bill is clear unless a major geopolitical or economic event breaks out.
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