I entered a shares position on COST timed to coincide with earnings. I also entered an options position on the symbol on the symbol.
ORCL shares rose after the company beat analysts estimates, allowing a profitable exit.
| sym | entry | exit | result ($) | result (%) | entry date | exit date |
| COST | 186.86 | 193.27 | 6.41 | 3.4% | 12/14 | 12/15 |
| zacks rank | zacks esp | DI spread | ADX | earns est. | earns actual | |
| 3 | 1.39 | 26.36 | 47.92 | 1.35 | 1.45 |
By Tim Bovee, Portland, Oregon, Dec. 14, 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
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.
[…] JBL for profits, and ORCL for a loss. Unreported on Thursday, I also bought a shares position on COST, which I exited for a […]
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[…] on COST as described above. The stock at the time of entry was priced at $186.17. I also did a shares trade on […]
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