Mindful Trader Commentary For August 4, 2021


Hey Guys,


The market is right in the middle of a range right now. It's the one I mentioned yesterday (4370 and 4420 on the S&P 500). We haven't seen a market environment like this in a while.


I picked up some PEP stock this morning, which means I now own stock for both Pepsi and Monster Energy Drinks. I guess I'm hoping caffeine has a good week! I also bought another real estate stock: DRE.


I checked the options for PEP, but they were too expensive to meet my entry criteria. So I haven't yet picked up any options positions today.


As a reminder, I will be closing the AAPL options (from my extra options account) by tomorrow morning if they don't hit the profit target today. This is a rare case where I'm closing options before their technical expiration date because I don't want to own them through the dividend date. I'll be closing out my AAPL stock position tomorrow morning as well since it's reaching the time limit I set.


If you have any questions or feedback, I'd love to hear from you.


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