Thursday, February 1, 2018

Bull/Bear Pulling 2-1-18

Bulls and bears were pulling each other from overnight to end of the day session. Indices futures were up last night nicely and down near 0.5% when I woke up this morning. Then they were up and down throughout the day. All of the majors closed above water except QQQ. With AAPL and AMZN reported beating estimates after hour QQQ may set to run up. Overall the pullback may not be over yet based on MACD. 

Made 7 trades. Rolled all the expiring small cars out. I have one more RUT bear call left for tomorrow. Nothing major happened. It's the first day of Feb.

Net liq actually dropped partially due to the negative delta in options and stocks such as QCOM and HD pullback. The margin is still on the put side. I still don't have enough room to make another RUT RR.


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