Live: Monday, Jan. 22, 2018

1/22 – 3:20 p.m. New York time

In outcomes, I entered shares positions on CTLT and IT and exited an options position on LVS.

1/22 – 2:50 p.m. New York time

I’ve entered a shares positions on CTLT.

1/22 – 2:30 p.m. New York time

My trade selection methods have changed somewhat in the last few months. Here in details is how I’m picking trades.

1/22 – 12:05 a.m. New York time

LVS analysis updated with results.

1/22 – 11:40 a.m. New York time

I’m striking AET off of my prospects list. It has very low implied volatility as a percentile of its annual range.

V looks more promising, and I shall do a full analysis later in the week. Today, however, the 4-hour Fisher Trans metric is downtrending. Since the shorter period tends to lead the longer one-day metric, which is uptrending, I shall wait for the 4-hour metric to reverse back to the upside before acting.

I shall also be keeping an eye, all week, on the 42 symbols that don’t qualify for analysis today. The one great truth of the markets is that things change.

1/22 – 11:20 a.m. New York time

I have entered a shares position on IT.

1/22 – 9:50 a.m. New York time

I have one prospect on the agenda this morning: An earnings play on IT using shares and shall be analyzing it for trading this morning The cupboard of options prospects has become bare.

Here’s what happened to the rest:

Of this morning’s prospects, two symbols, ANTM and HAS, switched to trending on their Fisher Transform metrics to non-trending.

AMZN and GOOGLE cost four figures per shares and so lack the granularity I prefer in sizing positions.

My first preference at this point is for trending plays, and the elimination of AMZN and GOOGLE leaves me with none on the options side.

The potential shares play XLY has become downtrending on the Fisher Transform and is no longer a prospect.

1/22 – 9:35 a.m. New York time

I have exited LVS for a profit.

1/21 – 3:25 p.m. New York time

I am adding five prospective options trades to my pool, all publishing earnings between Jan. 30 and Feb. 5. Also, I’m adding two shares trades from that same week.

The options prospects:

sym earns meridian action
AET 20180130 am 20180129
AMZN 20180201 pm 20180201
ANTM 20180131 am 20180130
GOOGL 20180201 pm 20180201
HAS 20180205 am 20180202
V 20180201 pm 20180201

AET and V are being considered as neutral positions; the rest, as directional positions: ANTM and GOOGL as bull plays, and AMZN and HAS as bear plays.

The shares prospects:

sym earns meridian action
IT 20180201 am 20180131
XYL 20180201 am 20180131

As always with shares, they are being considered as bull positions.

By Tim Bovee, Portland, Oregon, Jan. 21-22, 2018


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