Hey Guys,
The market is up some to start the morning. It's had a little bit of back-and-forth action over the last several days. The S&P 500 is around 7,675 right now.
I had four different trades get closed since my last email. The trade for BA reached its stop loss. The stock and option trades for SNAP both reached their profit targets. And the stock trade for GM reached its time limit this morning, so I manually closed it at the opening bell and it landed in the profit column.
For the stocks account, that start to the week offered a mixed bag of outcomes. But for the options account, that was our 17th profitable trade in a row.
I took on two new trades today. Both were in the options account. I bought options for MSFT and ZS. At this point, I have more open positions in my options account than my stocks account, which is rare. We've got a big helping of risk and potential reward with all these open option positions right now.
If you have any questions, just reply directly to this email.
Eric