Hey Guys,
The market is in about the same place as it was when I emailed yesterday. The S&P 500 is around 6,960.
I closed out my COF option position when it reached its time limit at the end of the trading session yesterday. That trade went on a pretty wild ride, as I said might happen when I first announced the trade. The end result was a profit.
That gave me a perfect 4-0 win-loss record for the week in my options account. That account grew 6.0% this week.
There haven't been any new trades yet today, and my accounts are pretty thin. I only have three stock positions and no option positions right now. I'm just going to patiently wait until some of my buy orders from the watch list gets filled.
If you have any questions, just reply directly to this email.
Eric