Monday's Outcomes

The August options are within two weeks of expiration and, as is my practice, I exited my positions to avoid the worst of time decay (theta). I exited IWM, LB, MON and NKE, all for losses, and have updated their analyses with results.

I entered five share positions under my small-lots strategy.

sym	shares	entry date	exit date	entry price per share	exit price per share	result $	result %	annual rate	days held	tactic
EVEP	20	8/8/2016		2.52						earns
PKY	3	8/8/2016		17.10						earns
REI	5	8/8/2016		9.43						earns
RSPP	2	8/8/2016		39.04						earns
TESO	7	8/8/2016		7.39						earns

I exited four small-lots share positions, including a late exit of ROCK, which turned down on the MACD.

sym	shares	entry date	exit date	entry price per share	exit price per share	result $	result %	annual rate	days held	tactic
DF	5	8/5/2016	8/8/2016	18.90	17.29	-1.61	-9.31%	-1132.93%	3	earns
IPAR	3	8/5/2016	8/8/2016	33.82	33.49	-0.33	-0.99%	-119.89%	3	earns
LBIO	11	8/5/2016	8/8/2016	9.13	9.18	0.05	0.54%	66.27%	3	earns
ROCK	3	8/2/2016	8/8/2016	36.49	37.89	1.40	3.69%	224.77%	6	turtle

By Tim Bovee, Portland, Oregon, Aug. 8, 2016

Viking Economics: How the Scandinavians Got It Right--and How We Can, Too by George Lakey

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.