Tuesday, November 29, 2016

Tuesday's Agenda

My most interesting prospect of the day, an options volatility play on COST, will have to wait. Volatility is not quite high enough, but it's getting there. Moreover, the company publishes earnings on Dec. 7, and I prefer to wait until closer to the announcement before entering a position.

The other prospects are the same old gang: Interest rates (TLT and TBT), fossil fuels (UNG) and gold (GDXJ). I already have exposure on TLT, and am waiting on fossil fuels until the major producing countries figure out what they want to do on production levels.

I've lost interest in GDXJ on technical grounds -- a very wide bid/ask spread. I'll revisit it if I can find a way to make it work, but I'm staying out for now.

I'll be keeping an eye on trading ideas posted today on Dough and shall follow through on those that interest me as part of my learning project.

By Tim Bovee, Portland, Oregon, Nov. 29, 2016


The Rise and Fall of American Growth
by Robert J. Gordon


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.

Alerts

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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

Creative Commons 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.

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