There was a lot of activity in this basket of stocks this week. $SXCI looked real promising as it breached the $100 level on Tuesday, but ended up closing under the level and printing a near Shooting * candle for the day.
However, the roughest day came on Thursday as both $SXCI and $UA were exited due to continued or extreme pullbacks. $AGN hit a trail stop as it breached the 50 day SMA. The remaining positions of $EW and $WFM did survive the carnage and held up ok to end the week.
I did make 2 attempts on Friday to start a new position in $SXCI as I feel this stock has real promise to complete the Roll – and more. A look at the current basket:
Exit details on $AGN $SXCI and $UA :
$AGN exits at 92.30 for a small gain of $1.70 and has a Not Completed status.
$SXCI exits at 95 for gain of $2.30 on the stock. The July 100 $PUT is sold for $7.50 for a total gain of $9.80. Has a Not Completed status. There is a new position as of Friday (attempt #3 in June). Attempt #2 resulted in a $.75 loss on Friday.
$UA exits at 99.25 for a small gain of $.40 but did complete the Roll so it has a Completed status. The July 105 $PUT was sold for $7.80 for a total gain of $8.20.
