Mindful Trader Commentary For July 14, 2022


Hey Guys,


The market has been volatile over the last 24 hours. It finished the day strong yesterday, but then dropped back down further overnight and this morning. The S&P 500 is right near the lows we saw at the beginning of July (3740-ish). That level might serve as some sort of support. We'll find out soon.


I bought a number of new positions today. In the main account, I bought shares of stock for ABBV and DG. In the extra options account, I bought options for ABBV. In the low-priced account, I picked up some stock for AGIO and CFLT.


I have two options positions that reached their time limits today: CL and TCOM. For options that reach their time limits, I like to manually close them at the end of the trading session. So I'll close both of those shortly before 1pm Pacific Time today provided they don't hit a profit target or stoploss before then.


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


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