Mindful Trader Commentary For February 6, 2025


Hey Guys,


The market moved up since my last email. The S&P 500 is up about 40 points since yesterday morning.


My stock position for IFF reached its profit target this morning. It actually gapped up past my profit target for a slightly oversized gain. I didn't have to take any manual action to earn the extra gain; my sell limit order automatically captured it for me at the opening bell.


I took on some new positions today. In the stocks account, I bought positions for BDX and AFL. In the options account, I bought options for AFL.


Both BDX and AFL just reported earnings, which means their prices might be volatile. Both have each already made big moves in either direction this morning.


I have two options that reached their time limits today: STX and HES. I'll be manually closing those near the end of the trading session today unless they reach their profit targets first. The trade for HES has made a great comeback and is right near breakeven after being way down to start the trade. It will be fun to see where that trade lands when the dust settles at the end of the day.


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


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