Live: Thursday, October 12, 2017

10/12 – 3:20 p.m. New York time

A new position on WFC is my sole trade today. I have a long-shot exit order in  on GLD and shall update after the close if it goes through.

10/12 – 2:40 p.m. New York time

I have entered a position on WFC.

10/12 – 11:45 a.m. New York time

BAC’s implied volatility has declined below my standards. I shall keep an eye on it but have no high hopes.

WFC continues to meet my standards and I shall do a full analysis.

10/11 – 8:40 p.m. New York time

I have two prospects for Thursday, BAC and WFC. BAC looks like the better trade, in part because WFC’s legal and public perception issues lead me to fear that there will be a non-earnings surprise. I shall make a final decision on Wednesday.

By Tim Bovee, Portland, Oregon, October 11-12, 2017

Disclaimer

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.

License
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 www.timbovee.com.

 

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