Hey Guys,
The market is still taking a bit of a breather after its big run and has pulled back some. The S&P 500 is around 4,540 right now.
The cool thing is that some of my options positions went up in value yesterday despite the pullback, like GM And LUV. And the UAL options ended up hitting their profit target. Those GLW options were the only negative of the day.
I picked up some new positions today. In the main account, I bought stock for PPG and APH. In the double down account, I bought stock for TSLA. In the options account, I bought options for PM and PPG.
About those PPG options, an abnormal thing happened. They already hit the profit target. As most of you know by now, my trades typically last about a week in most cases. That one lasted only 7 minutes. The reason its price moved so abruptly is that it had just reported earnings. It's extremely rare that one of my trades would close that quickly, although I do remember it happening to me once before where I took a loss just 3 minutes after I posted a trade.
I closed my FAST stock position this morning since it reached its time limit. That one locked in a half-sized profit.
If you have any questions or feedback, I'd love to hear from you.