Indices traded lower except NASDAQ which made another new high then fall back. RUT closed 1.2% lower retested last week's low then bounced from there. Market was a little nervous as Russia investigation issued its first indictment. It may be a turbulent week with the Tax Reform Bill release, Fed FOMC and Fed Chair announcement. Today's pull back could be that market is clearing the deck before its next move.
Made 22 trades today. Sold few more Dec bull puts in RUT and SPX. Rolled the RUT bear calls and sold puts spreads to pay for it. It was a bad rollover last week cost me $330. Closed my 1480 ITM RUT for $2080 in fear of another pop. I wasn't patience and didn't follow my plan. I didn't read market's movement clear before taking actions. I was just thinking about to hedge the upside before the tax reform bill is released. I was anxious and didn't have a clear head.
Net liq upped 6K as RUT as down 1.2%. Margin is above 60% and on put side. My risk is still on the up side. Don't have any near the money bear calls in large cars to be able to exit in near term.
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