Live: Friday, March 10, 2017

3/10 – 4:05 p.m. New York time

… and the day ends with two trades total: Profitable exits of ADSK and PAY. Overall, a laid back day but a good one.

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


Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s