Friday, September 16, 2016

Friday's Outcomes

In the last half hour of trading I entered a small-lots shares position on XXII.

symsharesentry dateexit dateentry price per shareexit price per shareresult $result %annual ratedays heldtactic
XXII2009/16/20161.07rsi

That was the only trade I placed today.

I analyzed PG and SYMC as high-volatility options plays but couldn't squeeze enough profit out of either to make up for the risk, so I declined both.

By Tim Bovee, Portland, Oregon, Sept. 16, 2016


How Not to Be Wrong: The Power of Mathematical Thinking
by Jordan Ellenberg


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 for trading on a commission-free platform such as Robinhood Financial. See my initial post on the strategy here.

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

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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.

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