Mindful Trader Commentary For December 12, 2024


Hey Guys,


The market had a nice rebound day yesterday, but it's down this morning. The S&P 500 is around 6,065 right now.


My stock position for UDR reached its time limit this morning, so I manually closed it at the opening bell. That one ended up with a partial loss.


I have a bunch of 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 time limits first.


A few of those option positions are in the tank right now. The trades won't be over until the end of the day, but a few of them have a long way to go to turn things around. But I'll close them at the end of the day no matter what their value is since I always stick to my trading rules like glue.


I took on a couple new positions today. In the stocks account, I bought positions for Zillow and Home Depot. There haven't been any new option trades yet today, although I did end up buying options for BK yesterday.


If you have any questions or feedback, I'd love to hear from you.


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