The difficulty of Italy government formation caused European markets falling. It spread into US market. Dow and SPX lost more than 1% today. RUT held well with only 0.2% loss. The negative sentiment continues into Asian market tonight. This may not be a big event to impact the US market immediately as the NFP report is coming this Friday. What happens after the report will be anybody's guess.
Made 15 trades today. Sold some SPX June and July put spreads for clients during the selloff. I bought some June 3 IWM put spreads for directional play. I also rolled my this week RUT ITM in both call and put. I have more to work on in the next 2 days.
Net liq came down to 119K. RUT has -150 deltas. The margin ratio is 39%. I will use part of premiums collected to buy more hedges
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