Friday’s Agenda

As in not uncommon for a Friday, I have no prospects to analyze and perhaps trade into today.

I exited MCD to avoid assignment. The stock goes ex-dividend on Monday and my options position is significantly out of the money, a perfect setup for seeing short shares dumped into my account. I shall update the analysis with results before the closing bell.

I am attempting to exit GM at my target price, but it has not yet been filled.

By Tim Bovee, Portland,Oregon, Feb. 24, 2017

 

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