Six winners, zero losers for the August option cycle. I was bullish, but no where near as bullish as the actual stock market action. I was actually hoping for a bit more downside action so I could add more longs at better prices.
My trades for the August expiration cycle were all low risk, low reward trades. I had several guppy size profits, one even a baby guppy, and a couple of minnows.
6-0 is my best month of the year, so I'll take it. The winners were: CELG, INTC, IWM, XLE, MTB, AMGN. I spoke to a buddy of mine about my cautious trading, and he told me to "keep pecking away." It is better to have small winners than some possible alternatives.
Cheers.
Long IWM September quarter
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