Hey Guys,
The market is down again this morning. After starting the week showing some promise, it ended the week in the red and is now below where it finished last week. The S&P 500 is around 7,630 right now.
My TXN option trade reached its profit target, but the other three option trades that reached their time limits landed in the losing columns. That put my option account in the red overall for the week.
My options account and stocks account diverged from each other this week in terms of performance, as my stocks account didn't have a losing trade. Some weeks are like that where the two accounts can perform quite differently.
I took on one new trade today in the options account. I bought the options for Shopify (SHOP). As of right now, I only have that one open position in the options account. And I only have two open stock positions (NTES and MRNA).
If you have any questions, just reply directly to this email.
Eric