Hey Guys,
The market has moved around a lot since my last email, but the end result is that it's back where it started. The S&P 500 is around 4,405 right now.
Stocks in the Energy sector took a hit overnight, which brought down the value of some of my positions. It also set up entries for new positions today.
This morning, I bought shares of MPC and PSX in the main account. I also bought an options position for HES in that account. And in the options account, I picked up options for MPC and PSX.
That gives me a lot of exposure in the Energy industry. If that sector bounces back, then it might pay off well. But there is some concentrated risk here.
I manually closed my stock positions for CINF and BXP (from the main account) since they reached their time limits. Both ended up with partial losses.
If you have any questions or feedback, I'd love to hear from you.