Hey Guys,
The market is down a bit this morning, but not too much. Yesterday's trading session was noticeably quieter than the first two days of the week and the price activity overnight was quieter than it's been in the recent past.
I picked up some new positions today. In the main account, I bought Kraft Heinz (KHC). I also picked up a new futures position and posted its stock equivalent using the ticker SPXL (that trade was for strategy MT 97 for those interested).
In the extra options account, I picked up the corresponding options for both those trades. I picked up simple call options for KHC and I sold naked puts using the SPY ticker to ride the futures trading strategy.
With KHC, I could tell before the market opened that I was likely to be buying that one. Each morning, I go in and set up buy limit orders for each stock on the watch list using the Potential Entry Price as my limit price. When I got to KHC, I saw the current pre-market price was noticeably below my potential entry price. So I knew it was likely that the order will be filled automatically right at the opening bell, and indeed it was.
If you have any questions or feedback, I'd love to hear from you.