Hey Guys,
The market is at about the same spot as it was when it closed yesterday, but it's wiggling around a lot along the way. The S&P 500 has a 70-point range already this morning, even though it's still around 6,865 like it was yesterday.
My TSN stock position reached its time limit this morning, so I manually closed it at the opening bell. It landed with a profit.
I also closed my TSN option position late yesterday for a petite profit when it reached its time limit. The CSCO option position also reached its time limit and landed with a loss, but it was a much smaller loss than I had been facing earlier in the week. I'm glad I stuck to my trading rules and stayed patient. Overall, my options account had a net profit for the week.
I took on one new trade this morning. I bought shares of TXN in the stocks account. There are a couple other stock and option positions from the watch list that got close to triggering, but haven't quite gotten there yet.
If you have any questions, just reply directly to this email.
Eric