Hey Guys,
The market has been snaking around since yesterday's big drop, and as of right now it's in rebound mode. The S&P 500 is back up to 4,980.
Uber! My option position for UBER gapped up over night well past my profit target. I ended up with a profit that was two times bigger than I was targeting. That position alone caused my overall account size to go up by 4.9%.
Here's the Uber chart:
The bottom arrow is where I got in yesterday. The top arrow is where my sell order was automatically filled at the opening bell. As you can tell, a lot of the upward price movement happened "between price bars", which is the gap up aspect.
I also locked in other profits. My CRM option position from the main account reached its profit target this morning. Also, my EWJ stock position reached its time limit, so I manually closed that one. It ended up with a solid profit.
I picked up some new positions today. I bought stock for PG in the main account. I bought options for PG in the options account. I bought stock for AKAM in the double down account.
If you have any questions or feedback, I'd love to hear from you.