Hey Guys,
The market is quiet this morning, which is something we haven't been able to say for almost any other day so far in June.
My GM option position reached its profit target yesterday. So did my CDNS stock position. I got bruised by my IT stock position, though, which hit its stop loss. That one didn't want to march to the beat of the rest of the market over the last few trading days. Sometimes it can be a good thing when a stock does that, but in this case, it did not turn out in my favor.
I took on one new trade today. I bought shares of JBHT in the stocks accounts. After a high-volume option trading week last week, there haven't been any new option trades yet this week.
If you have any questions, just reply directly to this email.
Eric