Friday's Outcomes

I analyzed two symbols as volatility plays, entering into a position on GPS and rejecting a trade on POT.

I entered five small-lots shares positions:

sym	shares	entry date	exit date	entry price per share	exit price per share	result $	result %	annual rate	days held	tactic
BERY	1	8/12/2016		42.47						zacks
LH	1	8/12/2016		140.20						zacks
NGL	3	8/12/2016		18.35						zacks
OMN	5	8/12/2016		9.18						zacks
TSE	1	8/12/2016		54.70						zacks

I exited two small-lots shares positions:

sym	shares	entry date	exit date	entry price per share	exit price per share	result $	result %	annual rate	days held	tactic
POWI	1	8/11/2016	8/12/2016	57.61	56.97	-0.64	-1.12%	-410%	1	zacks
UGP	2	8/11/2016	8/12/2016	23.56	23.40	-0.16	-0.68%	-250%	1	zacks

By Tim Bovee, Portland, Oregon, Aug. 12, 2016

Heads I Win, Tails I Win: Why Smart Investors Fail and How to Tilt the Odds in Your Failure by Spencer Jakab

References

Tradecraft: Playing the odds to build winning stock market trades from options, a description of how I trade, can be read here.

Small Lots: A new strategy discusses the thinking behind the analysis that identified these trades and can be read here. The symbols noted in this post are intended fortrading on a commission-free platform such as Robinhood Financial.

I can be reached via comments on Private Trader posts or by email at datnillc@gmail.com.

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Disclaimer

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.