Live: Monday, Jan. 29, 2018

1/29 – 3 p.m. New York time

I entered a shares position on UFS and a binary position on EUR/USD, and exited a shares position on MPW.

1/29 – 2:30 p.m. New York time

WMB’s implied volatility has declined below the 50th percentile of its annual range, removing the symbol from consideration. I won’t be doing a full analysis.

The Fisher Transform metric on DE, which I mentioned earlier as a possible prospect, has moved against my standards, and it is also off the list.

No options trades today.

1/29 – 1:50 p.m. New York time

In the past I’ve had spotty results trading binary options on Nadex. I’m trying again, using a different approach. I’m using one metric for the analysis, the Fisher Transform which has become a key metric in my stock and options trading. To start with I’m using weekly binaries, which come close to matching the more or less normal span of a Fisher trend on the daily chart.

I’ll report my trades in posts beginning “Binary:”, and the first trade is Binary: EUR/USD.

1/29 – 1:25 p.m. New York time

I have entered a shares position on UFS.

1/29 – 1:05 p.m. New York time

I have room in my account for one shares position, selected from a pool of five finalists: AEE, BLMN, UFS, VCRA and VMC.

1/29 – 11:55 a.m. New York tme

I’ve narrowed the options prospects down to four symbols: DE, GT, MAR and WMB.

Looking in detail at the Fisher Transform level, I find that only WMB is within 2 points of the zero line. Intuitively, I’m finding that a trend is more likely to continue for awhile if its not at the extremities of the Fisher.

DE is just below 3 on the Fisher scale, and I could bend my preferences to accommodate if WMB falls through.

I’m taking TWTR off the table. It is showing an uptrend on the Fisher Transform and a negative earnings surprise prediction, a discrepancy I avoid.

Bottom line, for options pays, I shall analyze WMB and maybe DE, and am passing on GT and MAR.

1/29 – 11:15 a.m. New York time

Those Monday mornings when your trading platform eats your custom analyses, and you have to reconstruct…..

One of those days. Prospects to come.

1/29 – 10:15 p.m. New York time

The Fisher Transform reversed to downtrending on MPW and I exited for a loss.

1/28 – 7:30 p.m New York time

I’m drawing my pools for Monday from two weeks, that of the week beginning Feb. 5 and the other, the week beginning Feb. 12

For options plays, I’m looking at these possibilities:

syms earns meridian action
CSCO 2/14 pm 2/14
DE 2/16 am 2/15
GG 2/14 pm 2/14
KO 2/16 am 2/15
OXY 2/13 pm 2/13
SHOP 2/15 am 2/14
TWTR 2/8 am 2/7

For shares plays, I’m looking at these possibilities:

syms earns meridian action
AEE 2/16 am 2/15
BLL 2/7 am 2/6
CUBE 2/15 pm 2/15
DDR 2/15 pm 2/15
EGN 2/8 am 2/7
FMC 2/12 pm 2/12
GLOG 2/16 xm 2/15
HII 2/15 am 2/14
INCY 2/15 am 2/14
NGL 2/6 xm 2/5
NLSN 2/8 am 2/7
SEDG 2/13 xm 2/12
TLND 2/13 pm 2/13
TTOO 2/15 xm 2/14
TWTR 2/8 am 2/7
UFS 2/8 am 2/7
VCRA 2/8 xm 2/7
VMC 2/6 xm 2/5

Note that TWTR appears in both lists. Last week I exited an options position after TWTR reversed sharply to the upside. If that uptrend continues, it might well be a reasonable shares plays, or perhaps an options play to the upside, the opposite of my prior position. In any case, i shall be looking at it.

By Tim Bovee, Portland, Oregon, Jan. 28-29, 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
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 www.timbovee.com.

One thought on “Live: Monday, Jan. 29, 2018

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s