It was a terrible week for the bulls. Stocks were slaughtered. The NASDAQ Composite fell -8.1%. The S&P 500 dropped -7.1%. The small cap Russell 2000 plunged -10.3%. That's just last week. The market is off significantly from its July highs. Thursday's massive market drop with the Dow Industrials falling -500 points was brutal. We had a lot of our trades get stopped out on Thursday.
AXP and WNR jumped from the watch list to our play. Yet WNR was both trigged and stopped out on the same down move (Thursday).
There is a new stop loss for KO.
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 play or option position exited or closed this week.