The majors booked another down week with the Russia-Ukrian tension and a hawkish Fed. They all are back into their downtrend and below their 200D MA. It looks like they may retest their breakout area in January. It's hard to tell if Russia invades Ukraine. Things may fall out of bed. So far the price movement is still following the seasonal pattern.
The IB Netliq is slightly down (-1.2K). The leverage is still at 330ish. The realized P/L is $21K with a $17K gain of rolling the RUT SC back in January. The collected cash is -$415. I spent over $1K in hedges and boosted short-term margins. It's the part of the $72K I collected from last week's hedges that increased three of my SPX SP positions. I plan to spend part or all of the premiums to reduce the account's margin. I am doing fine so far.
The small accounts produced $947 cash with the 0 DTE system. It's $1000 less than last week since I reduced the sizes and missed a PUT SP due to the high volatility.
I started to place stop orders this week. Although none of them were triggered, it's a good start. I found that using debit spreads as a hedge combined with stop orders works in this volatile environment.
Next week's tasks:
1. Set stops in every new position;
2. Deleveraging and reducing risks as much as I can;
3. Reverse positions according to the trend and delta;
4. Trade with the trend.
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