No prospective new positions for Friday — no earnings announcements liquid enough to meet my standards and most high-volatility plays are disallowed because they will be publishing earnings soon. I prefer to wait for the last trading day before an announcement to place my trade.

Earnings season begins Monday with AA’ announcement.

Meanwhile, on Friday I shall continue to focus on winding up my positions that expire Jan. 20.

By Tim Bovee, Portland, Oregon, Jan. 5, 2017