Tuesday, February 20, 2018

Back In Ranges 2-20-18

Indices failed to hold their gains before closing. The loses are less than 1%. All the majors are in their balance areas. VIX is still at 20. Bond rate is holding 2.9%. MACD daily is turning up. We may stay in current ranges for a while.

Made 6 trades. I only made hedges without getting any premiums. Rolled couple SPY calls for clients. Nothing else is happening. Be patient for the days without collecting premiums.

Net liq is in range of 125K. I sent another 5K to ET. They charge 8% interest. I want to reduce the cost whenever I can. Margin ratio is at 68%. It may be OK for this week.

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