Daily Wrap Coming

Thanks for your understanding, I had to take mom to get 6 epidurals for back pain and a couple of days ago on Dr. Oz, they were talking about how dangerous they were so she was a little worried, I didn't want her to be alone and the Wi-fi hot spot I found wasn't working so I decided to stay with her through the procedure.

I'll have the closing wrap up soon, I have all the charts, it was a very interesting day and you really can't judge it until you see all the details, some really interesting things happened, none of which change anything, we did take some profits in the AAPL Puts today, judging by the close, it was the right thing to do and we can always open new ones, but that was a decent little gain and we have the core position started as well.

I was surprised to see our options tracking portfolio's rank for the month of May considering we have mostly been just setting up our positions, not closing them yet and taking profits, but still we are in the top 1.5% of all portfolios for May and this isn't a model portfolio, this is just a tracking portfolio of all positions mentioned as trade ideas that positions were opened.

Options Tracking Portfolio at a 27.76% return for May already vs the SPX's 3.22%

This puts our tracking portfolio in the top 1.5% of more than 1000 (1073) total portfolios, not bad considering we are setting positions up.

The wrap will be out shortly and I'll be working on a new scan based on my Custom Demark inspired indicator, I think now is a perfect time to use an indicator like this to scan for ideas that we can then narrow down.