The market has been chopping around and doing nothing, therefore, there have been no adjustments in any trades since the last update.
Today, I closed the August method 15 trade for a profit of $1007 after commissions. The maximum amount of risk in the trade at any one time was $3610. This comes out to a profit of 27.9% of the actual capital in the trade or 14.4% of the $7000 of planned capital. Below is a picture the position before was closed:
As for the other open and trades, the August method one is up about $100 and could go either way but since the other two trades went so well, I’m going to keep this one on a short leash and just close the position if it gets out of hand. The position is below:
The September 55 day trade is still down about $150 as of 2:30 today which is no big deal since we are so far from expiration. The position is below:
That’s it for now. I’ll keep you updated on any changes.
Make it an awesome week!