Hey Guys,
The market is just a bit below where it ended yesterday. The S&P 500 is down overall since Monday, but just by a nudge.
I had another fun flush of profits yesterday. In my stocks account, my trades for PSX and HES both hit their profit targets. And in my options account, my trades for PSX, CVX, and HES all hit their profit targets. All that exposure in the Energy sector ended up paying off.
Hitting all those profit targets this week just about wiped the board clean of my active positions. But I did pick up a couple of new positions today. I bought shares of MU for the stocks account and I bought options for MU in the options account.
My XOM option trade reached its time limit today. I'm not going to be at my desk at the close of the market today, when I would normally close an option position that reaches its time limit, so I'm going to close the position at 1pm EST instead (unless it reaches its profit target first).
If you have any questions or feedback, I'd love to hear from you.