I opened a Strangle position on ORCL to coincide with the company's earnings announcement.
I shall complete a long binary option day trade on the S&P 500 (Nadex:US500). The options expire at 4:15 p.m. New York time, and I shall update the analysis with results at some point after expiration.
-- Tim Bovee, Portland, Oregon, June 17, 2015References
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 decision decisions for his or her own account, and take responsibility for the consequences.License
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