Hey Guys,
The market had a nice rebound day on Friday. The S&P 500 went up about 100 points. It's nice to see a sign of strength, but the market is clearly still in a state of volatility. There might still be some twists and turns over the coming days.
I took on some new trades today. In the stocks account, I bought shares of Hormel (HRL). I bought the options for that ticker in the options account. The options are on the inexpensive end of the spectrum -- I paid $1.68 per contract to buy them.
Other than that there hasn't been any other new activity since my last email. I have a handful of open stock positions, and I'm just waiting to see how they play out.
If you have any questions, just reply directly to this email and I'll be ready to help.
Eric