Thursday, May 24, 2018

Attempted Selloff 5-24-18

The announcement of the US canceling the summit with North Korea caused the market gaping down at the open. It wasn't a panic selling. None of the major was down more than 1% at their lowest point. The market eventually recovered from the unexpected news. It indicates that buyers are still in charge.

Made 10 trades. ACRX hit another target of my exit. I rolled out my two ITM bear calls in RUT and SPX with some premiums. Sold some July put spreads for clients. I added 2 sets of SPY RR long calls for June. I have two ITM bull put in RUT 1635, SPX 2730 to close or roll by tomorrow.

Net liq crossed 121K. It's balanced with delta. The margin ratio is above 50%. I will see how would it change after the rolling or closing the bull calls tomorrow.

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