Hey Guys,
The market had a nice jump over the weekend. The S&P 500 gapped up about 65 points. That's the type of strength we had been seeing all month prior to last week. It's nice to see it show up again.
I had three different positions lock in profits this morning. The IWM option position I emailed about over the weekend was one of them. That one ended up at nearly a full profit. Also, the stock positions for IWM and AMAT both hit their profit targets.
My options account still has a perfect record for the month of May. There have been 7 wins and 0 losses. I have five more option positions that will close this week. It will be fun to see how those turn out and whether the winning streak keeps going.
I took on some a couple of new trades today. In the stocks account, I bought a position for PDD. In the options account, I bought the options for PDD.
If you have any questions or feedback, I'd love to hear from you.