Hey Guys,
The market had a nice surge yesterday. The S&P 500 broke through the 5,600 price level and kept going. Right now it's around 5,635.
That proved to be a good thing for my accounts. I locked up profits along the way.
Yesterday, my STX option position hit its profit target. And today, both my NET and DDOG option positions reached their profit targets. I had two stock positions from the main account that reached their time limits, so I manually closed those. I sold STX for just about the same price as the profit target I had, so it was nearly a full profit. And even LH ended up in the profit column after being in the red all week.
All eight trades I've closed this week were profitable, and the positions I still have in my account are all green. Some of them, like my stock positions for HLT and EQR, are relatively close to their profit targets.
I haven't made any new trades yet today. Nothing from the watch list has set up for a trade yet.
I have a couple option positions that reached their time limits today (ABBV and WMB). I'm going to manually close those near the end of the trading session today unless they reach their profit targets first.
If you have any questions or feedback, I'd love to hear from you.