Hey Guys,
The market went down yesterday and into this morning. The S&P 500 is down about 45 points from where it was when I emailed yesterday.
I closed three options positions near the end of the trading session yesterday since they reached their time limits. The net profit effect was almost exactly breakeven. I also manually closed my WIX stock position this morning since it reached its time limit, and it came in with a partial loss.
About those option positions, I got emails from some subscribers who told me they closed positions the day before and locked in profits. And it made me want to remind the whole group that you can do whatever you want with your trades. You'll always know exactly what I'm doing since I'm posting my trades on the site and sticking to the trading rules like glue. But that doesn't mean you can't use your own discretion and lock in profits early if you want. You can do whatever you see fit with your trades, and I support you all the way regardless.
I took on some new trades. In the main account, I bought stock positions for QCOM and GPS. And yesterday afternoon, I bought options for GPS in the options account.
If you have any questions or feedback, I'd love to hear from you.