Thursday, March 8, 2018

Awaiting For NFP 3-8-18

The market chopped around waiting for tomorrow morning's NFP report. It's a major economic indicator that affects the market. How the market interprets the NFP is unpredictable. Often a good news can be bad or a bad news can be good for the market.

Made 16 trades today. I spend $100 to bring the margin up to the safe level for the weekend. It will be better if I can add more hedges tomorrow. Sold couple RUT bull put credit spreads for the clients. I didn't get any premiums again.

Net liq is barely above 110K. The margin ratio is up to 60%. But the available funds are relatively low. I don't have any ITM positions to roll this week.

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