The majors bounced back from yesterday. There is not much fear of anything. The saying is that sentiment over fundamentals. QQQ broke out and made another all-time high again. SPX closed only 2 points short of 2800. The momentum is back.
Made 10 trades today. I am still trying to roll my positions to mid-August for the possible China trip. Moved my July 20 SPX 2905 to July 16, 2805, in hope of an early expiration. I will roll it out to August if it doesn't work. Rolled a couple of ETFs for clients. The rest of the trades were hedgings.
I have two RUT ATM bull puts needs close attention. Then comes Monday's SPX 2805.
Net liq improved a bit to 113K. The margin ratio looks OK for this week's expirations. I need to see the effect of margin impact once the rollovers are in place. I may have to spend more money to buy hedges if I am going on the trip.
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