Monday, June 4, 2018

The Rally Continues 6-4-18

The market followed through the rally on Friday's job report. NASDAQ/QQQ is closer to make another new all-time high while RUT/IWM continues recording new highs daily. SPX has a little more overhead rooms. It's more and more like a summer rally now.

Made 12 trades today. I rolled up most of this week's ITM ETFs with profits. Also reversed IWM bull puts to bull calls for my clients. I will try to do mine tomorrow. The rest of the trades were exit and hedge orders.

Net liq is unchanged. The margin ratio is at 43% after the weekend expirations. I am thinking to do more bull calls in ETF or even stocks to generate income.

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