It's unusual to see a down day on a monthly expiration Friday. The market was under pressure. Several recovery attempts were knocked down by the very end of the day. The market is rangebound so far except RUT got into a new balance area. The small cap is often a leading force. Will watch if it would lead or drag down by the rest of the market next week.
Made 17 trades today. Many of my exit short call orders for this expiring day were hit during the selloff. I was expecting a bounce for the Friday. Sold some QQQ late May bull puts since it's the weakest one. I tried to lock and roll some of QQQ and SPY long calls but didn't get filled.
Net liq is no change. My portfolio is basically delta neutral but no immediate relief in sight. The margin ratio is down to 41%. It's predicted to recover after the expiration tonight. It probably rinses and repeats for next week.
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