Hey Guys,
The market is up this morning. Its tune seems to have changed over the last few trading days, and it has shown strength those three days after showing weakness early last week. That could be a good sign. We'll see if the strength continues.
I took on a couple of new trades today. Both were for Best Buy (BBY). I bought shares of the stock for BBY in the stocks account. And I bought options for BBY in the options account.
I'm up to 7 positions in the stocks account, which means I have a pretty good amount of skin in the game in that account. I only have 2 option positions open right now. The option positions come with more risk and potential reward per position than the stock trades.
If you have any questions, just reply directly to this email.
Eric