Hey Guys,
The market has not given up any of its gains from last week. The S&P 500 is up a bit to start the week and still holding strong.
I had a few positions reach profit targets. My stock position for LH reached its profit target midday Friday, and both my stock and option positions for Starbucks reached their profit targets this morning.
I took on some new positions today. In the stocks account, I bought shares of TSCO and XOM. In the options account, I bought the options for those same tickers.
I have a lot of exposure right now in the Energy sector in both my stocks account and options account. We'll see how the week unfolds and whether that exposure pays off.
This week is a short week with the holiday on Friday, so everything with option trades will be advanced by a day. The typical time limit for the trades is advanced by a day, and the change over to new expiration dates for forthcoming option trades is also advanced by a day.
If you have any questions or feedback, I'd love to hear from you.