Hey Guys,
After having a noticeably red day yesterday for the first time in weeks, the market rebounded overnight and recovered. The S&P 500 is back around the same spot as it opened each of the last two days. It's yet another solid showing of market strength.
My GMAB stock position reached its profit target this morning. It actually gapped up a bit past my profit target for a slightly oversized gain. I had a sell limit order set up for it using the profit target price prior to the market opening this morning, and that order was automatically filled at the higher prevailing price. No manual action was needed from me to secure the excess profit.
I took on one new trade today. I bought shares of BUD in the stocks account. I also have a buy limit order for the BUD 5/1 $69 strike call options at $3.87, but it hasn't filled yet. We'll see if it fills at some point today.
If you have any questions, just reply directly to this email.
Eric