Hey Guys,
The market made some gains yesterday, but then gave them up overnight. The S&P 500 is around 4,305 right now.
I picked up a few new positions today. In the main account, I bought stock for T. In the options account, I bought options for MPC and T.
I am loaded with positions right now in all accounts. I don't even have any buying power left in my main account, so I can't take on any new positions until one of the existing ones gets closed.
The situation is similar to last week in that sense: I have a lot of risk on the table right now, and a big move by the market in either direction can have a large impact on my account balance, for better or worse. Let's see if the market snaps back to some degree after the recent declines.
If you have any questions or feedback, I'd love to hear from you.