The majors are in a holding pattern after Monday's surge. The rest of the week was choppy and slow. However, they all closed in the positive territory for the week and stayed above their 20 and 50 SMA. They are in the bullish pattern but the previous highs are not broken. Therefore there is still a possibility of a double top at play. So be prepared for different outcomes next week.
My IB netliq recovered some to close at 130K v.s 118K from last week. The leverage is down to 322 from 368. It's still vulnerable but a little better. The premiums collected are $5.4K due to no bear call rolling for the week. The realized P/L is $16K. Overall, May booked a loss of $26K v.s a gain of $14K in Aprile. Overall, my delta stayed positive while the majors were moving up slowly.
The 0 DTE performed well this week. The Vol is falling and the market is slow. I didn't chase for entries and missed a couple of trades. That is OK. Learning to be patient. I start to set price alerts for my rolling or entries. I didn't do any IF 0 DTE due to the low buying power in the IB acct.
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