Index futures gaped up Sunday night on news of more GOP senators supporting the bill. It looks like the vote is a sure thing today. SPX and NASDAQ booked new ATHs. RUT is up another percent and near making another ATH. My deep ITM calls finally came to IB from ET today which let me have more room to maneuver. The risk is still very real since there are more deep ITM bear calls dragging by relentless raging bulls.
Made 14 trades. I was able to lock in some profit with my small cars in the call side and roll them further out. I don't want lose my long calls as hedge but I don't have enough cash to let them going to stocks either. So eventually they will be out of the money with a pull back. My guess is that smart money will start to sell to book some profit after new year.
Net liq lost some ground with new positions from ET and today's new highs. It's right at 110K right now. Margin ratio is down to 40%. I may have to wire my last 10K in to weather this year end push. My portfolio delta is positive so it my help to offset some margin damages. I will continue to figure out different ways to pill off some of my bear calls.
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