Election Day Brings a Morning Rally

Exiting QQQ Calls and adding to AMZN

We are having a nice rally to start the day. This morning I sold the QQQ 11/13 276 Calls at $7.06 that I purchased at $6.02 on 10/30. The purpose of the buy was to provide more upside index exposure with limited risk. Because the rally is stronger than I was expecting to see I locked in the gain on these.

I also added to Amazon (AMZN) this morning at $3006. This is my largest holding and I think it could climb to the $5,000 – $7,000 level over the next few years. I would probably trim the shares purchased…