Live: Tuesday, October 17, 2017

10/1 – 2:55 p.m. New York time

I Entered one new position today, IBM, and exited two positions, MS and SCHW. I analyzed LRCX but declined to take the trade.

10/17 – 2:40 p.m. New York time

I analyzed LRCX but passed on the trade.

10/17 – 2:25 p.m. New York time

I entered a position on IBM.

10/17  – 11:40 a.m. New York time

I have exited MS for a small profit.

10/17 – 9:35 a.m. New York time

I exited SCHW for a profit, although it is below my target. of 25% of maximum potential profit.

IBM and LRCX remain on my list for analysis and possible entry today. Expectations for LRCX have grown more bullish, and I shall consider a directional trade rather than my more frequently used neutral stance.

10/16 – 9:55 p.m. New York time

I shall be analyzing two prospective earnings plays on Tuesday, IBM and LRCX. I have rejected a third symbol, USB, because of difficulties in constructing a trade from its options grid.

By Tim Bovee, Portland, Oregon, October 16-17, 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