Thursday's incredible volatility has produced significant changes in our portfolio. Several plays hit our stop loss but almost an equal number of candidates from our watch list were triggered and added to the portfolio. The market's correction may not be over yet so I would stay cautious when it comes to initiating new positions. Considering scaling into positions in small bites.
I adjusted the stop losses for BWA and WLT.
Disclaimer: At any given time the author may have positions in any or all of any companies mentioned in the Leaps Newsletter.
--Position Summary Table--
Table lists Directional CALL or PUT/LEAPS only.
Insurance puts, if applicable, are not shown.
Red symbol/name represents a dropped play this week.