At Wednesday's close all three had implied volatility below my minimum requirement, the 60th percentile or higher of its most recent range.
However, at the open this morning volatility on STX took an upward leap and now stands in the 87th percentile, making it tradable.
I shall post a full analysis of STX today, and reject the other two without a full analysis.
-- Tim Bovee, Portland, Oregon, April 14, 2016
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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.
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