Hey Guys,
The market is down to start the morning. The S&P 500 is around 7,540 right now, which is down about 30 points from yesterday's close.
I had a nice flush of profits since my last email. Five different positions locked in profits across both accounts.
In my stocks account, the trades for UL, XLV, and TTWO all reached their profit targets. The stock trade for LUV reached its time limit and landed a profit as well.
In the options account, my trade for BIIB reached its profit target. That one went on a wild ride, but I stuck to the plan as always and just waited until one of my exit criteria was met. That patience paid off.
I took on two new trades this morning. I bought shares of AEP and EBAY in the stocks account. I haven't taken on any new option trades yet today, although I have a buy limit order in for an EBAY option spread (July 24 Buy 105, Sell 109) at 3.31 based on the watch list from this morning. We'll see if that fills at some point today.
If you have any questions, just reply directly to this email.
Eric