The US market gaped down led by the news of FB misused user data. NASDAQ was down near 3% at one point but closed -2.3%. I think the underlining reason is more of the FOMC meeting this Wednesday.
Made 15 trades today. Sold late April bull put spreads for the clients. I rolled my last RUT 1350 ITM bear call with a put spread. My last SPX 2755 put was dropped deep ITM by today's selloff. It was the first time that I used the Monday expiry. So I had to roll it to the same strike for this Wednesday for a $120 premium. I am not sure how the market will react to FOMC. I will have to roll it to this Friday if it's still underwater after FOMC. The rest of my orders were hedges.
Net liq stayed above 115K. Delta is neutral so that Net liq didn't gain much on today's selloff. Margin ratio is at 68% and weights on the put side. I want to hold my RR after Wednesday's FOMC to get a better sense of the market direction.
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