Live: Thursday, March 15, 2018

3/15 – 3:05 p.m. New York time

I entered no new positions today and exited none.

3/15 – 10 a.m. New York time

Five symbols qualify for consideration as candidates for bear plays in the weeks running up to earnings, based on expectations of a negative earnings surprise, low longer-term expectations by analysts and a current downtrend. They are HAS, PS, RRC, OLN and VRTX.

However, all five have bid/ask spreads of greater than 12% on their at-the-money call options. That’s higher than I like, so I’m setting them all aside with no further study.

At this point I also have no exits for current positions in sight.

By Tim Bovee, Portland, Oregon, March 15, 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.

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