Hey Guys,
The market has been red the last three days. After it reached a peak on Monday, it's been pulling back noticeably.
My LOW stock position hit its stop loss. That one came within about a nickel of its stop loss yesterday, and then went back up and appeared to have narrowly escaped a loss. But then it gapped down this morning and gave us a slightly oversized loss. So interestingly, it turns out it was not a good thing that it narrowly avoided the stop loss yesterday...
On the flip side, my EXAS stock and option positions both hit their profit targets. So the EXAS trades went against the trend of the overall market, which was nice.
I picked up some new positions today. In the stocks account, I bought positions for IWM and NTAP. In the options account, I bought the options for IWM.
I have four option positions that reached their time limits today. I'll be manually closing those near the end of the trading session today unless they reach their profit targets first.
If you have any questions or feedback, I'd love to hear from you.