Hey Guys,
The market started the day strong yesterday, but by the end of the day, the S&P 500 had dropped 50 points. It's back around 6,250, which seems to almost be like an anchor price for the S&P 500 over the last two weeks.
None of my trades got closed out today, but I added on more new trades, so I have a big load of positions in both accounts now.
In the stocks account, I bought positions for TER and LRCX. In the options account, I bought options for UBER and LRCX.
At this point, I have 7 open stock positions and 8 open option positions. That's two scoops of risk exposure in the options account in particular. Options are leveraged and can therefore have much more volatile swings in performance than stocks. When they pay off, the reward can be great, but they come with risk, even with the intelligence that we're putting into these trades.
If you have any questions or feedback, I'd love to hear from you.