Bulls carried the torches further from last Friday. SPY, QQQ, and DIA advanced 1.3 - 1.8% and closed at their highs of the day. Technically speaking, QQQ crushed all of the Fib RT lines. It likely to make new highs. SPX, DIA, and RUT firmly broke their Fib 61.8% RT line and ready to challenge the last defense of Fib 76% RT. They are also close to the highs of their current balance areas.
Made 7 trades today. Our QQQ and some SPY long calls were put ITM. So I locked and rolled some QQQ and SPY this week to extend them out. My hedges were only filled on the long put side. Not many premiums were collected.
Net liq got hit again with the popup today. It's down to 117K now. Margin ratio is down to 35% and it's on the call side. I will try to put in more long call hedges in tomorrow.
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