Market reversed from selling of the last few days positioning for FNP tomorrow. The expected number is 198K. It will be an event to cause some movement regardless how the number comes out. The sentiment is still bullish.
It's a light day. Made 7 trades. No premiums collected. I rolled the SPX bear call spreads in ET to end of this month. I talked to both side brokers trying to figure out what's the best way to transfer my positions without impacting margins in both accounts. But got no clear answer from either side. I decided to try SPX first while waiting for RUT puts to close and roll it tomorrow. Be prepared to run into glitches with the transfer. I have to try it since there is no room left in ET. Keep my figure crossed.
Net liq dropped a little. Net liq is still the concern. Margin ratio is above 50% for now. Another 1-2% surge would require more funds to cover.
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