Hey Guys,
The market seemed to be having a pretty stable week, but then last night the S&P 500 gapped down and right now is about 90 points below where it closed yesterday.
Despite that, the KR option position I took yesterday already hit its profit target. In fact, it gapped up past the profit target by 65 cents. The equates to an extra $65 of profit per option contract above what we were aiming for.
My trades don't normally hit the profit targets that fast. But that one did, and I'll take it.
I took on two more new trades today. Both were in the options account. One was for NEM options, and the other was for ROST options.
I have buy orders in for the stocks for both those tickers, too. They just haven't been filled yet. At the time I'm writing this, my order for ROST stock is about 10 cents away from being filled. My buy limit order is set at 137.13, as per the watch list. We'll see if it gets filled soon. If it does, I'll post it to the site on the page for my Stocks Account.
If you have any questions or feedback, I'd love to hear from you.