Friday, December 22, 2017

A Day Of Going Nowhere 12-22-17

It was expected for market to marking time the day before Christmas long weekend. Majors traded slightly underwater for most of the day in choppy mode.  I guess people are taking off for the holidays.

Made 8 trades. I was able to roll 5 pts for the SPX ET positions and made $120 without impacting margins. I then sold only 1 PS instead of 2 of the matching quantity. I was concerned putting too much pressure on put side in case a sudden pull back after the New Year. The rest of them were just small car adjustment. I also closed 2 SPY long calls at -50% to void further decays of next week.

Net liq stayed the same. Margin ratio is at 45%. It looks OK for the weekend. Will try to enjoy this Christmas break. This year is almost behind now.

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