3/10 – 4:05 p.m. New York time
3/10 -3:54 p.m. New York time
The ADSK exit order cleared. I’ll update the analysis with results shortly.
3/10 – 10:30 a.m. New York time
The exit order on PAY was filled, at 25% of maximum potential profit. I shall update the analysis with results prior to the closing bell.
3/10 – 9:45 a.m. New York time
Although I lack prospects for entry into new positions today, I am attempting three exits at my target prices: ADSK, the one-day-old PAY position, and SGMS.
All three use the iron fly structure — an iron condor variant that has identical strike prices are the short calls and puts. My price target for that tactic is 25% of the potential maximum.
3/9 – 7:05 p.m. New York time
No prospective trades are on the table for Friday. Not an unusual occurrence, especially between earnings seasons.
By Tim Bovee, Portland, Oregon, March 9-10, 2017