Day 12, $19,998

Today markets moved up closing on new highs for the year. Consumer Confidence came in better than expected and was a major driver for market direction.

Below is a snapshot of new trades placed. In addition to my NYX call calendar, I have also added a NTES Bull Put and a IBM Iron Condor. I had a limit order for the IBM Iron Condor, but it wasn't getting filled. I changed the limit order price but in my rush to get this done before the market closed for the day, I ended up purchasing 10 contracts instead of 5. Silly mistake. I still believe it to be a good trade, however, for a $20,000 account, 10 contracts makes me a little uncomfortable. The maximum loss with 10 contracts would equal approximately 20% of this portfolio. I don't plan on any loss, however, the 10 contracts still limits my option buying power because of the option requirements for spread trades.