Mindful Trader Commentary For June 17, 2025


Hey Guys,


The market is down to start the morning. The S&P 500 gapped down about 30 points overnight.


I haven't had any positions close since my last email, so nothing has changed there.


But I've taken on some new positions. In the stocks account, I bought shares of AAP today and picked up shares of EFA late yesterday. I have limited buying power in that account at this point and can't take on any other positions unless they're really light or unless one of my existing positions drops off. The EFA position, in particular, is quite "heavy" in the sense that it uses up a lot of buying power (as reflected by its Position Value on the page that shows my stock trades).


I also picked up a couple of option positions this morning. I bought the options for AZN and GSK. Notice that I bought the June 27 expiration. The watch list shows June 20 for all the expirations, but it isn't accounting for the Juneteenth holiday. It's the only holiday that requires a manual adjustment from the watchlist for the expiration date.


If you have any questions or feedback, I'd love to hear from you.


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