Wednesday, July 27, 2016

Wednesday's Outcomes

I entered small-lot positions on BMY, ELY and SXC timed to coincide with earnings announcements.
symsharesentry dateexit dateentry price per shareexit price per shareresult $result %annual ratedays heldtactic
BMW17/27/201675.61earns
ELY57/27/201610.39earns
SXC67/27/20168.04earns

I exited a small-lot position on CLGX for a loss.
symsharesentry dateexit dateentry price per shareexit price per shareresult $result %annual ratedays heldtactic
CLGX17/25/20167/27/201640.3838.96-1.42-3.64%-665%2earns

I analyzed SYF as an options position coinciding with an earnings announcement but declined to take it because of the level of risk required by the grid.

-- Tim Bovee, Portland, Oregon, July 27, 2016



Illusions of Wealth: Actively Manage Your Investments or Expect Losses in this Volatile Economy
by Doug Eberhardt



References

Tradecraft: Playing the odds to build winning stock market trades from options, a description of how I trade, can be read here.

Small Lots: A new strategy discusses the thinking behind the analysis that identified these trades and can be read here. The symbols noted in this post are intended fortrading on a commission-free platform such as Robinhood Financial.

I can be reached via comments on Private Trader posts or by email at datnillc@gmail.com.

Alerts

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Disclaimer
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 decision decisions for his or her own account, and take responsibility for the consequences.
License

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All content on Tim Bovee, Private Trader by Timothy K. Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Based on a work at www.timbovee.com.Tss s ss'ss

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