Two symbols qualify for shares trades because of their Stochastic-RSI indicators: CLD and IRS.
Implied volatility on my one options prospect, an earnings play on BAC, dropped back to the 22nd percentile. That low level disqualifies the stock from further analysis. My requirement is the 50th percentile or higher.
See Friday's Prospects for a full list of symbols I considered this morning.
By Tim Bovee, Portland, Oregon, Sept. 14, 2016
by Kayt Sukei
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.
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