August job report is about 25K short of expectations. Market seems interpreting it as a positive news. It may indicate that Fed is less likely to raise rate again in 2017. In bull market most bad news won't deter buyers. RUT upped another half percent. It's the fourth up day for RUT and SPX. NASDAQ is closed slightly lower.
Made 15 trades. The up days made my rollover difficult. Had to give up premiums. I couldn't raise my strikes for these deep ITM positions since I didn't have much room on put side. I didn't stick to my rolling rules last week when VIX was higher. I am paying a price for it. I had to buy hedges with higher prices today.
Net liq gave back another 5K today. Margin ratio is above 60% after spent extra money to buy hedges. It may be a tough period for next couple of weeks if market continues its uptrend. Hope the seasonally rough Sept will bring more opportunities.
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