Editors Note:

The big cap markets were down sharply but the Russell posted only a 0.0035 loss. That is as close to flat for the day as you can get. If the small caps are not declining, the big cap indexes are not doing to fall far. This was a bullish sign in a very weak market.




Current Portfolio


Stop Loss Updates

Check the graphic below for any new stop losses in bright yellow. We need to always be prepared for an unexpected decline.


Profit Targets

Check the graphic below for any profit stops in green. We need to always be prepared for a profit exit at resistance.





Current Position Changes


No Changes



If you are looking for a different type of trading strategy, try these newsletters:

Short term Calls and Puts on equities = Option Investor Newsletter

Credit spreads and naked puts = OptionWriter

Long term option investments = LEAPS Investor

3-6 month Option Trades = Ultimate Investor

Iron Condors = Couch Potato Trader


Full updates on all plays on Wednesday and Saturday.
Only closed plays are updated on other days.


BULLISH Play Updates

No Updates on Current Positions



BEARISH Play Updates

No Updates on Current Positions