Hey Guys,
The market is slowly pushing into new highs this morning. As of right now it's about half way to the profit target on my MES futures trade.
I picked up some Domino's Pizza this morning (DPZ). I bought the stock in my main account and I bought the options in my extra options account. I had a limit order to buy the stock at the open of market, and the price actually dipped below my limit price and went back up, but somehow it didn't fill my order. Since I knew the trade had been triggered in back tests, I moved my limit order up to ensure I got into the position.
My INVH position reached its time limit so I sold that this morning for nearly a full loss. The dividend I received on it (which will be automatically credited to my account in the next few weeks) reduced my effective loss by about 15%.
Reminder: it looks like FNV is scheduled to report earnings after the market closes today. I will honor my trade rules as always and will hold the position until any of my pre-planned exits are triggered (I have orders in place for my stoploss and profit exit and I have a time limit set for the trade). There will likely be price volatility after earnings are announced, so if you don't like the sound of that then you can consider closing your position today before earnings are announced.
Also a quick update about the website: based on some helpful feedback from subscribers, last week I added "quick links" to the top of the three most popular pages of the site: Live Positions, Extra Options Account, and Watch List. They're at the very top left of the body of the page, above the title. It should make it a little easier to navigate between those pages for those who use them all regularly.
If you have any questions or feedback, I'd love to hear from you.