The majors booked a losing week except for NQ kept a small gain for this week. The FOMC statement on Wednesday was slightly less dovish indicating possible 2 rates increase in 2023. Inflation has been heating up with a 5% increase in May. The majors have been up and down since the FOMC Wednesday. They finally gave up this afternoon on this Quad Witching Friday. Most of them closed at their lows of the day. It's likely the sliding will continue in early next week at least. MACDs are turning to red both daily and weekly.
My net liq dropped 7.5K to 136.6K this week. The leverage is up slightly to 288. I will be comfortable when the leverage stays below 3.5. The premium collected in IB is -$300 due to the cost of $1K to roll SPX 3040C. The realized profit is also negative $1.13K due to the pullback which forced me rolling ITM positions on both sides. I need to prepare for this seasonal pullback for the next couple of weeks.
My 0 DTE trades in the other accounts performed well for the week. They are all small winners since there were no big moves this week. I have to be careful next week. There may be a big up or down day ahead. ST trades didn't produce many results for the week. I am glad I followed the -1+1 rule. Otherwise, the drawdown would have been much bigger.
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