Friday's Outcomes

Updates with SYF exit.

I exited my options volatility play on SYF for a profit.

All of my other trading today was in shares under my small-lots strategy.

I entered two positions.

sym	shares	entry date	exit date	entry price per share	exit price per share	result $	result %	annual rate	days held	tactic
CLS	10	8/26/2016		10.82						rsi
TSN	1	8/26/2016		75.78						rsi

I exited five positions that had proven to be whipsaws.

sym	shares	entry date	exit date	entry price per share	exit price per share	result $	result %	annual rate	days held	tactic
GALT	50	8/24/2016	8/26/2016	2.03	1.73	-0.30	-17.34%	-3165%	2	rsi
OHI	3	8/25/2016	8/26/2016	36.65	35.90	-0.75	-2.09%	-763%	1	rsi
SREV	19	8/24/2016	8/26/2016	5.20	5.05	-0.15	-2.97%	-542%	2	rsi
STL	6	8/25/2016	8/26/2016	17.21	17.17	-0.04	-0.23%	-85%	1	rsi
TTMI	10	8/25/2016	8/26/2016	10.60	10.46	-0.14	-1.34%	-489%	1	rsi

By Tim Bovee, Portland, Oregon, Aug. 26, 2016

Raising the Floor: How a Universal Basic Income Can Renew Our Economy and Rebuild the American Dream by Andy Stern

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.

Alerts

Two social media feeds provide notification whenever something new is posted.

• On Twitter: Follow Tim Bovee: https://twitter.com/TimBovee
• On Facebook, Like Private Trader: https://www.facebook.com/PrivateTrader

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.