Clearly, the markets even on Tuesday were winding down in anticipation of the end of the year.
CVD confirmed its bull signal. However, its options are too illiquid for use in the sort of trades I'm looking for these days: High-volatility ptions spreads sold for a credit and expiring in the front month or sooner. Open interest for January options is zero throughout.
So, no trade on CVD and no trades from Tuesday's market session, providing a damp firecracker finale to my analysis for 2014.
I'll be back on Friday, January 2, for the first analysis of 2015. The way my list stands now, the first opportunity to do analysis of a potential earnings play will come on January 6.
In the meanwhile, Happy New Year to all.
-- Tim Bovee, Portland, Oregon, December 31, 2014
My shorter-term trading rules can be read here. My longer-term trading rules can be read here. And the classic Turtle Trading rules on which my rules are based can be read here. My volatility trading rules can be read here.
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Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.
No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.License
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