The market is at about the same spot as it closed yesterday, which is down a bit from where it started yesterday. The S&P 500 is back in that range it had been in most of the last 10 days.
My JNJ option position reached its profit target this morning. Nice to see a profit in the options account early this week.
I took on two new trades this morning. They were both in the stocks account. I bought more shares of AU as well as shares of TSN.
You might notice that I now have two separate positions for AU. The first position was based on my main strategy and the second position I bought today was based on my double down strategy. Even though the trades are for the same ticker symbol, they are completely independent trades. Each has its own separate set of exit criteria, so the outcome of one trade doesn't have any influence over how I manage the other trade.
If you have any questions, just reply directly to this email.
Eric