Mindful Trader Commentary For May 26, 2023


Hey Guys,


The market is bouncing back nicely and holding its ground so far. The S&P 500 is around 4,175 right now.


I picked up a few new positions today. In the options account, I bought options for CVNA. I also bought helpings of PAGS stock in both the main account and double down account.


PAGS just reported earnings so the price is flying. It's highly volatile. So expect a pretty wild ride with that one for a little bit here.


I closed my RSG stock position this morning since it hit its time limit. It came in at a partial loss. Yesterday I closed those options positions that had reached their time limits, and MDLZ and PEP took losses as expected. But it was nice to see the AAPL options come in with some profit to help offset that.


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


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