SPX didn't break out to a new high this week. It closed up slightly but struggled. RUT was up a little this week while formed a shooting star weekly. Gold and silver sold off. The 10 yr treasury yield is above 7 now. The signals are mixed. The pending stimulus package may be the reason that the majors are in holding mode. Let's see what next week will bring. It's still a strong uptrend.
My netliq recovered somewhat. It's closed near 105K. The leverage is at 4.4. QII account realized $5.5K profit after spending $5.8K to roll two deep ITM bear calls. I traded 2 0DOE this week. I couldn't get any fill on either side today since SPX only traded a 17 point range. I didn't chase it. I don't have to trade every day. I didn't trade much of the directional options either. It's not really my style.
I will start to look for another service next week. I need to step out of my comfort zone. I am still selling premiums as my major income. It works well in a range-bound and uptrend market. It will suffer when a correction comes.
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