Mindful Trader Commentary For May 10, 2021


Hey Guys,


The market is kind of hovering near its high this morning. It's amazing how different the market "feels" today versus how it felt less than a week ago with that midweek turmoil.


My watch list was really small for today, and yet two positions did indeed trigger this morning from that list. I have some shares of both V (Visa) and ZTO.


My position for MGA hit its expiration today, so I closed that for a profit. It was almost at the profit target so it was nice to lock that one in.


Quick side note: I tried buying some V options in my "extra options account" this morning, but it turned out the money I deposited into that account last week still hadn't cleared. I think a lot of us are familiar with that feeling! So I'll be patient and wait for the funds to be available before making any trades in that account.


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