Live: Wednesday, Dec. 20, 2017

12/20 – 10:35 p.m. New York time

I have updated the analyses of MU and RHT with results and an analysis of how well the metrics performed.

12/20 – 3:25 p.m. New York time

In Wednesday’s outcomes, I entered earnings plays using options on BBBY and KMX, and earnings plays using shares on ACN and FINL. I also analyzed ACN as an options position but declined to take the trade.

I exited MU and RHT, both options positions, but decided to continue holding the shares position on WGO.

12/20 – 2:55 p.m. New York time

KMX Analysis posted.

12/20 – 2:30 p.m. New York time

BBBY Analysis posted.

12/20 – 2:10 p.m. New York time

I have analyzed ACN and declined to take the trade.

12/20 – 10:40 a.m. New York time

In addition to the exits of MU and RHT noted in the prior post, today’s agenda also includes exiting WGO, although I shall continue to hold the position for an additional day if it seems to be the best course.

I shall do full analyses, and possibly trades, on four symbols: ACN, BBBY and KMX as options trades and FINL as a shares trade. BBBY still has a discrepancy between a bearish Zacks rank and a significant expectation of an earnings surprise, as well as an uptrend. I shall handle it as a direction-neutral trade if I can get sufficient coverage to account for the expected move.

12/20 – 9:40 a.m. New York time

I have exited MU and RHT, both profitably, and shall update their analyses with results later in the day.

12/19 – 6:45 p.m. New York time

I have two prospective earnings plays using options up for final analysis on Wednesday: ACN and KMX. A third, BBBY, has a strong possibility of a positive earnings surprise and is trending upward, but it also has a bearish Zacks rank. I shall monitor it on Wednesday and make a final decision about whether to proceed with further analysis.

I’ll also consider an earnings play using shares of FINL. Three other symbols have been on my list as possibilities, but they have bearish metrics in the mix that make them unattractive at present. I shall check them tomorrow and decide. The three are AIR, CAG and PAYX.

By Tim Bovee, Portland, Oregon, Dec. 19-20, 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