Hey Guys,
The market gave up its gains from yesterday and now the S&P 500 is back near the 4000 price level. It's still in wiggle mode.
I bought Campbell's Soup Company (CPB) today. I bought the stock in the main account and I bought the options in the extra options account. That's the first options trade that's set up in more than a week.
The price of CPB went down noticeably right after I bought it, and sometimes that's the hand we're dealt. One thing is for sure: the trade isn't over until it's over. So until it reaches either its profit target, stoploss, or time limit, I keep the trade open and let it breathe. As long as it's still an active trade, anything is possible.
I closed my LKQ trade this morning since it reached its time limit. That one locked in a profit.
I also received a dividend on LKQ. Anyone who owned it as of the close of trading yesterday got it. No action is needed to collect it. The dividend will be automatically issued to you in the coming weeks (typically it's credited to your trading account).
If you have any questions or feedback, I'd love to hear from you.