Five have sufficiently liquidity for an options volatility trade, defined as average volume of 3 million shares or greater and options grids for November with sufficient open interest on the strike prices I might use in a trade.
There are 22 with a sufficiently high expectations (neutral or better) to support a bull play using shares under my small-lots approach.
Final trading decisions will be made on the action date, the date when I will make a final decision about a symbol and, perhaps, place a trade.
By Tim Bovee, Portland, Oregon, Oct. 6, 2016
by Jonah Berger
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 firstname.lastname@example.org.
- 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.