Saturday, December 5, 2015

Friday's Outcomes

Today is two weeks before the DEC series of options expires. Time to clean house.

I exited RRC completely for a profit and the call portion of my iron condor on JD.

I rolled BIIB, IWM and the short leg of NFLX forward to later expirations.

That leaves two symbols for next week: ADBE, which I hope to exit or roll, and GNC, a zombie iron condor position left after I sold the puts, which I shall let expire.

-- Tim Bovee, Portland, Oregon, Dec. 4, 2015


Tradecraft: Playing the odds to build winning stock market trades from options, a description of how I trade, 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 decisions for his or her own account, and take responsibility for the consequences.

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