Hey Guys,
The market is down some to start the morning. At this point, the S&P 500 is in the same spot as it was at the beginning of last week.
I took on some new trades today. In the stocks account, I bought shares of V and WIX. This is my second helping of WIX shares, as today WIX qualified for my double down strategy. Even though I have two trades for the same ticker, they are completely independent of each other. One trade's exit criteria are completely separate from the other.
In the options account, I bought options for NFLX and V. I now have 9 active option positions, which is a significant amount of risk/reward exposure. I don't carry more than 10 open option positions at a time.
If you have any questions, just reply directly to this email.
Eric