Anyway on Friday, I found the market looking very attractive. I got in a few positions till I had no remaining funds available to invest. NOV went up $3, but MA dropped $5.
As MA dropped so much, my CALL option wasn't worth really much so I bought it back at a low price. Planning to sell CALL again if the price goes up. This is my 1st time closing my options. A 1st for me for the stock I bought to plunge $5! It's good to know this stock is fundamentally very strong. If I didn't know that, I may have sold it off and incur an instant 5 figure lost. Instead I sold a PUT option to average price down.
New entry into Dollar Tree ( DLTR ) and Starbucks ( SBUX ) . Reason for entry: Strong fundamentals, branding, I understand the company and technical charts in my view looks right for entry.
In summary, here are my final movements / positions for this month:
1) Close my MA 78 CALL options
2) 73.5 PUT MA
3) Bought NOV $74.74, DLTR $51.48 and SBUX $73.75
4) MCD ( Covered Call )
I have updated my other sections:
Wishing all my readers wealth! If you all have any suggestions to how I can improve my site, please do let me know. The viewer ship has been constantly increasing. Thank you so much for your support =)