Hey Guys,
I said the market might not be done with its volatility, despite a day or two of calm earlier this week, and that turned out to be correct. Yesterday the S&P 500 had a 90-point drop, but then recovered part of the way. There is still volatility in the air.
I haven't had any positions close yet today, but I do have three option positions that reached their time limits today. So I'll be manually closing those near the end of the trading session today unless they reach their profit targets first.
My MRVL option position has been in the red all week, but a trade isn't over until it's over. We'll see how that trade looks by the time it reaches the finish line later today.
I took on some new positions today. In the stocks account, I bought shares of SMCI. I also bought the options for SMCI in the options account.
If you have any questions or feedback, I'd love to hear from you.