Hey Guys,
The market ended up with a green day yesterday and is up to start the morning, which gives the market a solid green week. That's nice to see after a few weeks of volatility.
I had three different stock positions reach their profit targets: WFC, MET and PFG. That was a nice trio of outcomes. With my option trades, the PG option trade landed at breakeven, which was actually like a victory considering it had gone deep in the red early in the trade. My TJX option didn't fare as well and ended up with a tough loss after going down big early and never recovering.
I took on some new trades today. I bought positions for HRL in both the stocks account and the options account. I also bought a second position for DOV in the stocks account. The reason I bought it is that it qualified for my double down trading strategy. Even though I now have two positions for the same ticker, they are not being "combined" in any way. They are each independent trades with their own separate exit criteria, and therefore one has nothing to do with the other. They just happen to share the same ticker symbol, but I think of them as totally separate trades.
The stock market is closed tomorrow for the holiday. I hope you guys have a great 4th of July.
Eric