Hey Guys,
It's been an exciting morning with a lot of action. Most notably, I entered my first double down trades.
EXPE is a ticker I bought yesterday and its price went down a lot out of the gate. It ended up qualifying for the double down trade this morning. So I bought it again today (both the stock and the options). You'll see that EXPE is listed twice on both the Live Positions page and the extra options account page.
Notice that even though it's the same ticker, the trades are different. There are different exits and time limits. To me, they are two completely separate trades. So even though I set up the trades on the same exact ticker, I treated each trade independently. I didn't adjust anything about the prior trade; I just left that as it was and set up the new trade as if the prior one wasn't there. This video gives an example of how to do this (the relevant part of the video is between the time stamps of 5:45 and 8:30 in the video). The video shows how to do it with MES futures, but it's the same process for stocks.
I also bought NFLX today (both the stock and options). And I scooped up UBER in the low-price account.
I sold TDG this morning for a small profit since it reached its time limit. For those of you who followed the SPXL trades, one of them just hit its profit target. My DAL stock position hit its stoploss so I'm out of that position, but I'm still holding on to the options position for it until the end of the day tomorrow when it reaches its time limit.
It's amazing how different this week feels compared to a couple weeks ago. There was just one "normal" stock trade that entire week. Now this week there are trades flying all over the place.
If you have any questions or feedback, I'd love to hear from you.