Indexes opened slightly higher then got rejected. Market might have forgotten there were down ticks after after setting new highs for over a week in the three majors. All of them closed less than 1% down even though at lows of the day. Overall they are still within their current ranges and nothing was broken. I don't know if there will be a follow through tomorrow. Bullish sentiment has no change at all. Market is just getting into the heavy earning week. So far it should be treated as a consolidation.
Made 18 trades today. Sold some RUT bull put spreads while it dropped 0.7%. I also rolled some small cars out to extend my hedges. I also roll up couple of my ITM bear calls, gaining 5 point each. My major concern is still the positions in ET. I don't have a good solution to unwind them without taking heavy losses.
Net liq got a relief of 6K. Margin ratio is at 50%. I am thinking about to close the bear call of RUT 1480 for about 2K to release some available fund and possibly to move some funds to support these positions in ET.
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