Hi Guys,
The market sustained its gains from the weekend and ended up with a solid day yesterday. This morning, so far, the S&P 500 is around the same place as it was yesterday.
I had two more option positions reach their profit targets: AMAT and UAL. That gives me 9 wins and 0 losses in the options account this month.
On the stocks side, my CFG position hit its profit target. Interestingly, my VRSN position hit its stop loss yesterday after starting the day near its profit target. Some trades don't do what you might expect or hope for, but that's all part of the trading experience.
Despite that VRSN trade, overall, it's been a solid start to the week. It's paid off overall to have taken on all that risk last week when the market was down.
I took on some new trades today. In the stocks account, I bought positions for FXI and GM. In the options account, I bought options for GM. I also have a buy limit order in for the FXI June 6 $34 calls at $1.49. It got very close to filling this morning. Let's see if it fills at some point soon.
If you have any questions or feedback, I'd love to hear from you.