Hey Guys,
The market rebounded nicely over the weekend. After a big red day on Friday, the S&P 500 gapped up more than 100 points over the weekend.
My ROST stock position gapped up past its profit target this morning for a slightly oversized profit. No action was needed on my part to lock in the excess profits as my sell limit order automatically filled me at the higher prevailing price.
My TRI stock position reached its time limit, so I manually closed it at the opening bell. That one came in underwater. The net effect of both the stock trades that closed today was a net profit.
I took on a couple of new trades today. I bought shares of KR in the stocks account. And I bought the options for KR in the options account.
If you have any questions, just reply directly to this email.
Eric