Wednesday's Outcomes

I exited an options earnings play on TGT for a profit.

I entered five small-lots shares positions using the Stochastic-RSI as an indicator.

sym	shares	entry date	exit date	entry price per share	exit price per share	result $	result %	annual rate	days held	tactic
CIGI	2	8/24/2016		43.41						rsi
GALT	50	8/24/2016		2.03						rsi
MRLN	6	8/24/2016		18.34						rsi
SREV	19	8/24/2016		5.20						rsi
TBNK	4	8/24/2016		28.01						rsi

I exit six positions, ending the last entered based on moving-average trend signalling, leaving only positions entered using the Stochastic-RSI.

sym	shares	entry date	exit date	entry price per share	exit price per share	result $	result %	annual rate	days held	tactic
ANW	5	8/19/2016	8/24/2016	10.61	10.47	-0.14	-1.34%	-98%	5	trend
CC	4	8/18/2016	8/24/2016	12.46	12.38	-0.08	-0.65%	-39%	6	trend
COHR	1	8/19/2016	8/24/2016	110.50	109.81	-0.69	-0.63%	-46%	5	trend
CRY	7	8/23/2016	8/24/2016	15.65	15.43	-0.22	-1.43%	-520%	1	rsi
LNTH	6	8/19/2016	8/24/2016	7.91	7.17	-0.74	-10.32%	-753%	5	trend
TPX	1	8/23/2016	8/24/2016	80.12	79.06	-1.06	-1.34%	-489%	1	rsi

By Tim Bovee, Portland, Oregon, Aug. 24, 2016

The Courage to Act by Ben Bernanke

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.