Hey Guys,
The market is down this morning. Most of the S&P 500's gains from Tuesday and Wednesday have been erased. The S&P 500 is around 6,860 right now.
Both my COP positions (stock and option) reached their profit targets. And they both sold for prices higher than I was targeting, which equated to oversized profits for me. My EPD option position also reached its profit target. My STX stock position reached its time limit and came in with a small loss.
Overall, both accounts were profitable for the week. My options account went up 3.25% and my stocks account went up 2.35%.
I haven't taken on any new trades yet today. I've got my eye on the watch list as always. The stock for EXAS triggered earlier this morning from the watch list, but the position was extremely heavy (very high position value), so it didn't fit in my portfolio for a live trade.
If you have any questions, just reply directly to this email.
Eric