Futures are up a boat load. We’ll likely have to adjust the MIC a bit today. This week is a big week with the FOMC meeting on Wednesday and it being triple witching for option expiry (quarterly expiry). PastStat posted that weeks like this are up 22 out of 26 timers. So I guess bias is on the upside this week.
We’ll likely remove 18 debit spreads (1180/1200) and might move up the 1190 to 1200. We’ll see how today goes. The trade should be up around 2% today.
We have lots of rebalancing to do today for the Alpha. Alpha should be up nicely as well today.