Hey Guys,
The market boomed upward since my last email. The S&P 500 is around 4,440 as I'm typing this.
My IWM stock position gapped up past its profit target overnight to give me a bigger-than-normal profit. This morning, my ORCL options and CTLT stock position hit their profit targets. Yesterday my IBM and AFL options hit their profit targets.
I didn't have a perfect score for the week (MKC and a couple others bit me), but there were a lot of profits put on the board. My options account went up 9.7% for the week. My double down account went up 4.5% for the week.
I talked earlier in the week about how I had a lot of risk exposure by having so many positions open. This time that risk paid off for the most part. It doesn't always turn out that way, but when it does, it's worth relishing the moment.
There have been no new trades yet today. My portfolio has thinned out considerably.
If you have any questions or feedback, I'd love to hear from you.