The new Fed Chairman, Powell talked about rate hiking regardless the market volatility. The market responded with a 1% pullback. VIX popped almost 18% to 18.6. The major indexes retreated from the balance area highs.
Made 16 trades with increased VIX. Sold some bull puts in small cars for clients. Also sold some put spreads for large cars. I rolled some ITM bear calls. Rolled some expiring long calls before the selloff. Collected $800 for a change.
Net liq recovered about 7K. The margin ratio is back to 50%. The margin is affecting both sides now. Will continue to hedge.
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