Market moved up following the new highs set by DOW and SPX last Friday. SPX is siting above 2500, closed at 2503.9. RUT gained most in percentage base, up 0.6% and close at 1440. My portfolio is obviously squeezed further. Market may be positioning for FOMC this Wednesday. It has no fear and may be ready to take another leap after FOMC.
Made 8 trades with couple puts been closed. I was mainly rolling my small cards to book some profits and extend call hedges. Sold couple RUT bear calls of late Oct for clients. I don't have room to add such positions.
Net liq gave up another 6.3K and below 120K now. I plan to wire funds in tomorrow if market continue to move up. Don't want to get caught short in case another FOMC surge on Wednesday. Margin ratio is above 50% but net liq is my concern. Will have to deal with it tomorrow.
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