Hi Guys,
The market is still hanging out in the same range. The S&P 500 is around 4,890 right now.
My TSN stock position from the double down account hit its profit target this morning. I had a bunch of other positions, both stocks and options, reach their time limits and get manually closed in the last 24 hours.
Overall, I made profit in all three accounts this week. The main account led the way with a return of 3.7% for the week. The options account didn't go up as much as that, but I still think of it as having a nice victory because some of the positions were pretty deep in the red earlier this week.
Specifically, my option positions on TSN, GILD, and XLP were all looking dreary just a few days ago. But I stayed patient, stuck to my plan, and they came back to life before the trades ended. What seemed like it might be a negative week turned into a net positive week. Experiences like this go into my memory banks and might help me stay calm in the future when any given position is in the red.
I haven't taken on any new positions yet today. Visa from the watch list came close to an entry and has been flying around today since it just reported earnings. That one might trigger an entry, and I have a buy limit order in for both the stock and options.
If you have any questions or feedback, I'd love to hear from you.