The indexes chopped around on this quad witch Friday. The big money is likely positioning for the FOMC rate decision next Wednesday. RUT recovered from yesterday's loss holding on the lower trendline. SPX gave back most of its gains while QQQ closed slightly lower.
Made 4 trades today. I couldn't close that SPX 2760 ITM bull put and had to roll it to next Monday's 2755. I plan to close it before next Wednesday' FOMC meeting but it takes a lot of margins. No trade for the clients. I bought 3 more SPX put hedges.
Net liq stayed the same. The margin ratio is fine for this weekend. IB's prediction for the available funds is not accurate.
No comments:
Post a Comment