The major indexes closed near low of the day for the first time this year. It felt like a big deal but it was only about 0.5% down and no balance areas were broken. So it should be considered as a normal price action.
Made 16 trades. Sold some March SPX bull put spreads across the board on a 0.6% pullback. I started to experiment a debit call spreads in V of June expiry. The risk of a debit spread is defined. I made another mistake in date selection when I entered the March SPX bull put for March. I wanted to enter Mar 9 expiry but ended with two March 15. I have been making such mistakes more often than before. I rolled couple small cars up and out.
Net liq fall below 120K again due to a couple of my stocks such as HD and QQQ gave back more than 1% today. Margin ratio is near 80% for now. I still couldn't place a risk reversal order in SPX or RUT without incurring a less than $10K margin. The margin is on both side now.
No comments:
Post a Comment