Saturday's Outcomes: AMAT, JWN, JCP, CSCO, M, URBN, ERF, LYB

The following option positions, all of them volatility plays keyed to earnings, expired out-of-the-money for maximum profit on Saturday, Nov. 22. See updates to the analyses for results.

• "AMAT, JWN: Volatility plays"
• "JCP, CSCO, WMT: Volatility plays", excluding WMT, which was closed Nov 16.
• "DHI, SLW, M: Volatility plays", for M only, DHI and SLW having been disposed of earlier.
• "URBN: Volatility play"

In addition, two bearish hedges on my longer-term stock positions expired out of the money for maximum profit. I won't calculate results until the entire series is complete. See the entry analyses for details of the positions.

• "ERF: A growth-and-income hydrocarbon play"
• "LYB: A tale of redemption"

References

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.

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

License



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.