The market attempted go higher then failed. The daily price patterns changed from late after rally to selloff since yesterday. Another turn around Tuesday. SPX and RUT added another pertage of losses today. We may look at a trip to the balance lows. QQQ is holding better than the other indices, lossing only 0.5%.
Made 7 trades today. Sold couple RUT early April bull put sreads for my clients. I only rolled couple small cars of long calls before the sell off. I held back for selling more bull puts just in case I need to roll some existing positions.
Net liq recovered another 5K today. Margin ratio is up to 56%. The margin is switched to the put side now. I may have to flip around my ITM calls and puts to avoid margin drains.
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