Hey Guys,
The market is exhibiting volatility this week. The S&P 500 dropped 65points yesterday, then recovered that and more, but then by the end of the day was back down. This morning it's been fluctuating as well.
My JBHT stock position reached its stop loss yesterday.
I took on some new positions today. I bought a position for BP in both the stocks account and the options account.
At this point, I have big load of positions in both accounts. I have nine different open stock positions, and five different open option positions. That's a noticeable amount of risk exposure, which means that the outcome of these trades over the next week could have a noticeable impact on my account balance in either direction. Let's see how things unfold.
If you have any questions, just reply directly to this email and I'll be ready to help.
Eric