I have entered an earnings play on PGR using shares. The company publishes earnings on Jan. 24 before the opening bell, and I must exit by Tuesday, Jan. 23 if I am to avoid holding through the earnings announcement.
I exited for a profit a day before earnings. Shares rose by 1.9% over five days for a +138% annual rate.
| sym | entry | exit | result ($) | result (%) | entry date | exit date |
| PGR | 57.02 | 58.10 | 1.08 | 1.89% | 1/18 | |
| zacks rank | zacks esp | FisherTrans | FT cross | earns est. | earns actual | |
| 1 | 0.52 | 1.09 | 1/12/2018 | 0.77 | TBD |
By Tim Bovee, Portland, Oregon, Jan. 18, 2018
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.
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