Thursday, December 14, 2017

All About The Tax Bill 12-14-17

Bulls retreated mid day after a Senator withdrawing his support for current version of the bill. RUT and SPX closed -1.1% and 0.4% respectively. I don't think the bill is in serious trouble yet. They will do anything they can to pass it.

Made 11 trades with a half of them exiting orders. Sold RUT bull put spreads of end Jan. Rolled a deep ITM RUT for 5 points gain with one month extension. The math is not working for me. My position transfer is still up in the air. Tomorrow is a critical day.

Net liq is up 2.5K.  The Delta neutral strategy has stabilizing effect. Margin ratio is above 150% but it may reduce 15K after weekly expiration.  

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