Hey Guys,
After flashing noticeable volatility last week, the market has gotten into a range pattern this week. The S&P 500 is around 6,950 right now. The range is pretty wide, so I wouldn't consider the volatility to be completely behind us just yet.
My last BILI stock position reached its time limit today. That one locked in a profit. I have 4 wins and 1 loss so far this week in that account.
I finally got some trading action today after a couple of days with no new trades. It felt good. In the stocks account, I bought positions for TSN and CSCO. In the options account, I bought the options for those same two tickers.
I have one option position that reached its time limit today: HRL. I'll be manually closing that near the end of the trading session today unless it reaches its profit target before then. That trade is down right now, but let's see if it can make a push in the right direction before the trade gets closed.
If you have any questions, just reply directly to this email.
Eric