RUT continued to under pressure while SPX held up and NASDAQ advanced nicely. It was similar to late Oct then RUT popped very strongly after a decent pull back. Market may be in waiting mode for the tax bill to go through. The up trend is intact.
Made 10 trades. Sold RUT late Jan 18 bull puts during today's pull back. Rolled the rest of small cars expiring in this week. I am trying to hold my longs during this consolidation period. RUT pushed into 1510 threatening my bull puts in ET. I will see if RUT will pop so that I can make b/e for this trade. It's going to be tough for the next two days as I am trying to roll these bear calls in ET further out in order to transfer them to IB.
Net liq stayed in range as the two deep ITM puts offsetting gains during the pull back. Margin ratio is above 60%. Leverage is still above 250 which is high. The danger is still in the upside with limited net liq.
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