Hey Guys,
The market had a solid day yesterday and ended up getting back to its all time high. The S&P 500 is up near 5,350 right now.
That surge helped push more profits my way. I had three more positions hit their profit targets since the last email (SPXL and MSFT options in the main account, and SNPS stock in the double down account). I also had three stock positions reach their time limits this morning, and all three ended up with profits (IFF, STE, and MMM).
MSFT had been deep in the tank, so it was fun to see that one come roaring back. I've just about cleared the decks of most positions, and almost all of them came in with profits. The one noticeable holdout was TSCO. That company has a strong track record of success with this trading strategy, but it just didn't want to join the party.
I have a handful of option positions that reached their time limits today. I'll be manually closing those right near the end of the trading session today unless they reach their profit targets first.
I haven't taken on any new positions yet today.
If you have any questions or feedback, I'd love to hear from you.