I will try to update the account for followers on a daily basis, and/or as positions are opened/closed.
Since I posted earlier today when the account was up 20%+ let me continue the transparency when it is down from the open. The $WFM calls I noted in privatetwitter, when they were up significantly, that I would be holding them for further gains. In the follow account you are free to sell for profits at your own leisure. I will send updates during the trading session via the private twitter account, which is why you need to be diamond access.
My plan remains the same. I bought the $WFM calls for next week, and I am willing to risk a small pull back in exchange for the move I see coming for $40.
$DDD remains at long term support and the few times I've traded $DDD calls the stock has rallied over 10% in almost every instance. I might not get the exact bottom on $DDD, but I feel we are right there.
With futures lower tonight, there is no telling what tomorrow will bring. Trading options with a short life span opens the door for tremendous risk. But we also get the opportunity for tremendous reward. We saw it early today with $WFM. I think its the start of the run back over $40, we shall soon find out.
Have a good night.
