Hey Guys,
The market is down a bit this morning, but still in the same range its been in for a while. For the last few weeks, it's almost like the 3,850 price point for the S&P 500 has been the "sun" and the price just keeps rotating like a planet around and around that price point.
I picked up SLV today. I bought shares of it in the main account and I also bought options for it in the options account. I have a buy limit order in for TAK from the watch list. It came one penny away from filling this morning, but has since moved up some. We'll see if it fills later today.
For the low-priced account, which I no longer take live trades for, CYTK and and PD both triggered.
Yesterday my BUD options reached their profit target. It's been a profitable week for me. I've closed eight positions so far, and all eight have turned in a profit. It's coming at a time when the market is relatively down and other stocks aren't performing so well. I'm feeling some gratitude.
If you have any questions or feedback, I'd love to hear from you.