Of the 10 symbols that made it past the early rounds of analysis, four failed confirmation by moving back into their 20-day price channels: PCG, WMB, DD and KMI.
Four lack the weekly options needed at this point in the calendar for constructing the shorter-term trades I prefer: AME, WPZ, HON and CMCSK.
CMCSA has an overly wide bid/ask spread, and SLV has relatively low implied volatility, making it unsuitable for the strategies I employ.
I plan no further analysis of these symbols today.
-- Tim Bovee, Portland, Oregon, May 14, 2015
ReferencesMy volatility trading rules can be read here.
Alerts
- On Twitter: Follow Tim Bovee: https://twitter.com/TimBovee
- On Facebook, Like Private Trader: https://www.facebook.com/PrivateTrader
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
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
No comments:
Post a Comment