Live: Monday, April 24, 2017

4/24 – 3:35 p.m. New York time

I entered a position on CAT coinciding with an earnings announcement. I analyzed KO as a possible trade but rejected it.

My exit orders on HOG, RF and UAL have not yet been filled. If they are, then I shall post an update after the market close.

4/24 – 9:55 a.m. New York time

CAT and KO continue to qualify to meet my liquidity requirements, and I shall analyze both today and possibly trade them.

I hope to exit FXE today; it was a play on the French presidential election. It might possibly hold over until Tuesday, but the short put options that are now in the money are at risk of assignment.

I have exit orders at my target — 25% of maximum potential profit — on HOG, RF and UAL.

4/23 – 10:30 a.m. New York time

I’m looking at two potential earnings plays for action on Monday: CAT and KO.

By Tim Bovee, Portland, Oregon, April 23-24, 2017