FOMC announced a rate hike of 0.25 as expected. It also indicated a possibility of two more hikes for this year. The market moved up and down as the other FOMC meetings. The majors closed down less than 0.5%. The complacency is clear there. Let's see how the market digest the news.
Made 9 trades. Rolled a couple of ITM bear calls of this week. Sold a set of RUT late July bull put spreads for clients. Locked and rolled the long call ETFs. I have a couple more left waiting for the short calls to decay further.
Net liq is up to 116K. The margin ratio is at 49%. It's the same hedging situation every week. I am looking for other configurations to reduce my ITM bear calls.
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