Hey Guys,
The market bounced upward since my last email. The S&P 500 touched 3,900 yesterday and this morning it then reached back up to 4,000. It's clearly quite volatile and the market is snaking all over the place.
I had four options reach their time limits yesterday, and despite the rough market conditions, three out of the four locked in profits. GILD and KR in particular went against the overall downward market direction, which was nice to see.
It still wasn't enough to offset my other losses from earlier in the week. It's been a tough red week. At the moment my current open positions are a mixed bag of unrealized profit and loss, which is actually much better than it looked yesterday.
I bought a stock position for PXD in my main account. Otherwise I haven't picked up any other new positions yet this morning.
If you have any questions or feedback, I'd love to hear from you.