I exited the unprofitable put side of my LULU iron condor.
I also analyzed FXI and VXX as potential FOMC event plays but declined to trade them. I also declined, after analysis, to trade in connection with an earnings announcement by ORCL.
I rejected ARMH as an earnings play, without full analysis, because implied volatility failed to meet my standard.
-- Tim Bovee, Portland, Oregon, Sept. 16, 2015
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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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