Mindful Trader Commentary For January 31, 2023


Hey Guys,


First the edit. I posted an FXI options trade this morning and initially indicated the wrong strike price (one that doesn't exist). It's fixed now. Thanks for your patience!


The market pulled back yesterday. The S&P 500 is down around 4,040 right now, which is a fair amount lower than it had reached at the end of last week.


I picked up some new positions today. My main account was already maxed out with positions, but I picked up options for FXI and AMAT in the options account and I picked up GLW stock and BABA options in the double down account.


I haven't had any positions close yet today. At this point I have a fair amount of exposure in all accounts. A lot of the positions have a "closing by" date of this week, so the way the market performs the rest of this week could have a noticeable impact on my account values.


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


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