Live: Tuesday, Sept. 26, 2017

9/26 – 3:10 p.m. New York time

The day went very much contrary to my expectations. I entered a position on MU today and analyzed NKE but passed the on the trade, with much discussion in the analysis as to what my thinking was in making the decision.

9/26 – 11:30 a.m. New York time

NKE continues to meet my criteria,and I shall post a full analysis later today with an eye toward entering a position.

The objections to MU that I discussed last night remain, but I’ve decided to go ahead with a full analysis. I want to see what sort of profit-zone coverage I can get with such beta.

9/25 – 9:50 p.m. New York time

I have two earnings plays on my calendar for consideration on Tuesday: MU and NKE.

NKE has sufficiently high implied volatility and metrics to meet my standards, and I anticipate doing a full analysis.

MU is a different story: It has a high beta, 1.75, and an abormal implied volatility path: A spike in IV in late June that was unsupported by any significant price movement, distorting both the annual range and the range of the most recent movement. I may reject the trade without a full analysis, with the decision to come on Tuesday.

By Tim Bovee, Portland, Oregon, Sept. 25-26, 2017


Tim Bovee, Private Trader tracks the analysis and trades of a private trader for his own accounts. Nothing in this blog constitutes a recommendation to buy or sell stocks, options or any other financial instrument. The only purpose of this blog is to provide education and entertainment.

No trader is ever 100 percent successful in his or her trades. Trading in the stock and option markets is risky and uncertain. Each trader must make trading decisions for his or her own account, and take responsibility for the consequences.

Creative Commons License

All content on Tim Bovee, Private Trader by Timothy K. Bovee is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

Based on a work at