Hey Guys,
The market has been showing strength the last two days. The S&P 500 is around 6,380 right now, which is a pretty far cry from where it was at the end of last week. It's been great to see how forcefully the market rebounded from last week's drop.
I had two more option trades reach their profit targets: XLI and BABA. That brings me up to 4 wins and 0 losses for the week in my options account.
I took on a couple new trades today. In the stocks account, I bought a position for RTX. In the options account, I bought options for the same ticker.
My option position for XLI reached its time limit today. I'll be manually closing that near the end of the trading session today if it doesn't reach its profit target first.
If you have any questions or feedback, I'd love to hear from you.