Tuesday, January 9, 2018

A Weak Closing 1-9-18

Indices pushed higher in the morning session with dip buyers actively after new highs. Buy the sellers came before closing and pushing RUT and QQQ to negative territory. My day was saved as far as adding new funds concerned.

Made 8 trades for this choppy day. Locked n' rolled SPY and QQQ long calls in 1:2 ratio to add few more longs at the money. Bought few more RUT call hedges. I tried to roll this week's deep ITM bear calls but no luck. I may get better chances in next day or two.

Net liq stayed at 105K. Margin ratio claimed back to 50%. Not much is going on right now. Sentiment is very bullish.

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