This week, for options trading, I reviewed nearly 500 symbols in my large-cap stocks and exchange-traded funds, and for share trading, I reviewed more than 1,000 symbols of stocks and funds of all capitalizations. For both I reviewed 77 companies publishing earnings.
I use four strategies in my trading, in response to trading signals (such as breakouts above the 20-day price channel), high implied options volatility, and persistently rising trends on a charts signaled by the stochastic-relative strength index indicator, and in anticipation of events ( such as earnings announcements).
| options | shares | |
|---|---|---|
| price channel | N/A | 0 |
| earnings | 0 | 0 |
| volatility | 1 | N/A |
| stochastic-rsi | N/A | 12 |
I shall make final trading decisions on Thursday, Sept. 15.
by Georhe Pruitt |
Below are the candidates for analysis for each cell of the quadrant.
Options: High IV
| KO |
Shares: Stochastic-RSI
The next earnings season begins on Oct. 10 with AA's release of earnings.
ORCL is within reach of qualifying for an options earnings play based on its level of implied volatility. I shall make a final decision on further analysis after the opening bell on Tuesday.
I'll pick two or three symbols from the Stochastic-RSI prospects list for trades.
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.
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.
| SLCA |
| URI |
| VDSI |
| EPI |
| IGM |
| IHI |
| NOBL |
| PSI |
| SKYY |
| SPHQ |
| USMV |
| XSD |
Notes
The next earnings season begins on Oct. 10 with AA's release of earnings.
ORCL is within reach of qualifying for an options earnings play based on its level of implied volatility. I shall make a final decision on further analysis after the opening bell on Tuesday.
I'll pick two or three symbols from the Stochastic-RSI prospects list for trades.
-- Tim Bovee, Portland, Oregon, Sept. 14, 2016
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
- On Twitter: Follow Tim Bovee: https://twitter.com/TimBovee
- On Facebook, Like Private Trader: https://www.facebook.com/PrivateTrader
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.
No comments:
Post a Comment