Hey Guys,
The market is down just a nudge today, but it's still quite close to its all-time highs. The S&P 500 is around 7,575 right now.
My TWLO stock position reached its profit target this morning. The stock actually gapped up past my profit target and gave me a bit of an oversized victory (my sell limit order automatically filled at the higher price without any manual action needed on my part).
My NVDA stock position reached its time limit, so I manually closed it this morning at the opening bell. It came in with a small profit. It's nice to get the week started with a couple of profitable trades.
I took on some new positions today. In the stocks account, I bought positions for INTC and KO. In the options account, I bought options for KO. You may have noticed that this is the second set of positions I've taken on for KO. That's because it qualified for my double down strategy. Even though you see two positions for the same ticker in each account, the trades are completely independent of each other. The way I think of it is as if they aren't for the same ticker; I see them as two completely separate trades that have nothing to do with each other and have separate exit criteria.
If you have any questions, just reply directly to this email.
Eric