Hey Guys,
It was a nice week for my main account. I had an 8-0 record with my closed stock trades. LLY and SGEN joined the group of winners this morning. These types of weeks can have a nice impact on overall performance. You never know when a good week like this will come around, and that's why I just keep taking the trade setups over and over.
In my extra options account, I wasn't so fortunate. Although the LLY options hit their profit target this morning, yesterday's batch of expiring trades generated a loss that made it a negative week for me. It's interesting because I'm using the same trade setup for both my stocks and options trades, but this particular week, the options trades did not pan out well whereas the stock trades did quite well. Even when we have a back-tested edge in our favor, there are still statistical oddities like this along the way that we have to endure.
I picked up new positions today. I grabbed LYV and EXPE in the main account. I got options for XLI and EXPE in the extra options account. And I scooped up positions for SIRI and BEN in the low-priced account.
If you owned UPS overnight last night like I did, then you earned a dividend of $1.02 per share. No action is needed to receive the dividend. Most brokers will automatically credit it to your account within the next several weeks.
I changed the "Closing By" date for the TROW and KR stock positions I have. I originally had it set to Thanksgiving, but I moved it to the day after.
If you have any questions or feedback, I'd love to hear from you.