Tuesday's Prospects

Screening of the Monday, Dec. 5 markets identified no prospective high options volatility trades.

Seven symbols from my pool have sufficiently high implied volatility or close to it to warrant further analysis:

COST

FXE

GDXJ

TBT

TLT

UNG

XLU

Each is disqualified: COST because earnings are near; FXE, TLT and UNG because I already hold positions; GDXJ and TBT because they they have the same underlying as positions I hold; and XLU because I recently passed on it after analysis.

Although I've been unable to find positions under my guidelines, I shall also consider trades posted on Dough as part of my current learning project.

I have suspended work on my small lots shares approach through December until I determine how to move forward, given the poor trading results of July through October. See Small Lots Approach: Analysis 7/2016 through 10/2016.

-- Tim Bovee, Portland, Oregon, Dec. 5, 2016

A Field Guide to Lies: Critical Thinking in the Information Age by Daniel J. Levitin

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.

• On Twitter: Follow Tim Bovee: https://twitter.com/TimBovee
• On Facebook, Like Private Trader: https://www.facebook.com/PrivateTrader

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



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.