To say we have been doing well would be a major understatement.
Currently our XLF position is higher by 31%
XLE 19%
SPY 14% and I believe more gains are coming. We are still waiting on our retail positions to come around so we hold.
Remember! It is NEVER wrong to pull profits.
I will keep you updated.
GM
I think for an option trader like me, every day I have to face the brutal reality: either fear or greed. As for the XLE and XLF calls, I sold to close last Friday because of fear. It is too bad. I have only 9% profit. Next time I will do much better. Thank you GM for teaching me to be brave and patient.
I ended up pulling profits on SPY as the saying goes quit while you’re ahead and a 32% profit is pretty good and I’m content. Greg thanks for everything you do I’ll be giving back beginning of next month to you your hard work keeping us all informed regarding this market and always updated is greatly appreciated! Once again thanks for everything you do your hard work doesn’t go unnoticed from the lion pack!