I was taking annual physicals in Northlake Yesterday. Market reversed after a big jump on Sunday night and Monday morning. Luckily I was able to catch some pull back. Rolled that RUT deep ITM put from 1650 to 1590 in a 1 to 2 split. Buyers couldn't hold their gains yesterday and today. RUT gave back 1% today. It looks like a sell on the news after the Senate passed its version of tax bill on Friday night.
Made 12 trades. Rolled most of this week's small calls out to preserve my hedges. Sold some IWM bull put CS for clients. Also rolled up couple of deep ITM RUT bear calls adding 5 pts each. The negative side of this pull back is that my RUT 1510 put spreads in ET is in danger now. I may have to take a hit to exit out.
Net liq improved a little since my delta is slightly positive after reversed that bear call to bull put. Margin ratio is above 80%. Leverage is still above 250. I am planning to transfer most of my holdings in ET to IB to resolve the margin issue. Will call IB tomorrow to clarify couple issues. Don't want to have any unexpected glitch to cost me major headaches.
No comments:
Post a Comment