Hey Guys,
The market is down again this morning. The S&P 500 is hanging out around 4,480 right now.
I picked up a couple new stock positions. In the main account, I bought stock positions for BRO and REGN.
There haven't been any new options positions in several days. Sometimes there are stretches like this that are quiet. It can be hard to be patient, but one way to look at it is that as the market has come down over the last few days, I've had no risk exposure with options. So I'm going to trust the process, stick to my plan, and wait for the trades to set up before taking on new positions.
My J stock position reached its time limit this morning, so I manually closed it for a partial loss. It was a bummer to see it in the red at the finish line after it had been green most of the trade. That said, the exact opposite happened with a couple trades in late August, so the last-minute surges can go both ways, and that helps keep things in perspective.
If you have any questions or feedback, I'd love to hear from you.