It's going to be an eventful week. The headlines include the US - North Korea summit, FOMC and ECB policy announcements, possible development of US-China trade war. So the market is on hold waiting for the news. The majors closed in positive territory within the levels of last Friday. The price actions and sentiment are leaning towards bullish side. But Mr. Market can change with any news or event.
Made 4 trades today. Closed a RUT bear call with a small profit for a client to deleverage. I also split my RUT June 29, 1745 bull call to 1740 and 1650 expecting to pile off another quarter of the position. Added another SPY long call spread for next week.
Net liq is at 115K which is reduced by added bull put. The margin ratio is at 42% with the leverage elevating to 4.58.
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