Today happened to be the last trading day of the month and quarter. The major indexes held their lows for the week and reversed from there, gaining roughly 1% and setting on top of yesterday's highs. It's possible for the typical window dressing. We can issue the bottom is in if the lows are held by next week.
Made 9 trades today. Closed some QQQ long puts for my clients before the late reversal happened. I was mainly working on hedging my margins to prevent the shortfall for the weekend. No premiums were collected for me.
Net liq is above 120K as the rangebound continues. The margin ratio is above 50% after today's hedges. My problem is that I don't have any ITM positions near exiting for possibly 1-2 month.
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