The June NFP added 213K new hires v.s. 195K expected. The initial reaction from the market was muted. After no selling pressure from the trade war, the majors started pushing up. They broke out from their current balance areas pointing to more upside potentials.
Made 13 trades. Covered the cost of QQQ call spreads for clients. I made a mistake with a QQQ short call of this week. I forgot to deactivate the order after I rolled the long call for a client's acct. It got filled on today's 1.5% surge. I had to close it out in the last hour with a $35 loss. All of the trades in my account were hedges of about $130.
Net liq lost another 1.6K. The margin ratio is up for this weekend expiration. But the available funds will be below 30K. I will aggressively roll my calls and puts to prepare for this possible new high breakout.
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