Live: Tuesday, Oct. 9, 2018

12:45 p.m. New York time

I’ve spent the morning prepping for the earnings season.Here’s a look ahead at the rest of this week.

I have two potentials I’m looking at for Wednesday, DAL and WBA. Both have implied volatility ranks above 50.

For Thursday, I’m looking at two with IVRs of 50 or higher, C and WFC. Three other symbols are on the list but with lower IVRs: JPM, PNC and BAC. I’ll consider them if their IVRs rise to 50 or higher.

Next week, the earnings season floodgates open, and we can start to have fun.

10:20 a.m.. New York time

I have no trades in sight today, neither exits nor new positions.

Today’s Book


Ten Reasons We’re Wrong About the World — and Why Things Are Better Than You Think

by Hans Rosling et al.

Bill Gates, someone whose opinions I take very seriously, said of this book, “One of the most important books I’ve ever read — an indispensable guide to thinking clearly about the world.” 

I don’t know about you, but every morning when I fire up my iPhone X, I’m greeted with a hammering chorus of doom. Things are awful. They can only get worse. And there’s nothing we can do about it. Factfulness rationally challenges that neo-apocalyptic world view that has become like the toxic air we breathe. In an age of increasing confusion and uncertainty, the clarity of Factfulness must surely be the most valuable of goods we can seek.

More about the book

As I noted on Monday’s Live feed, things will get more interesting later in the week. Meanwhile, here’s where my options positions stand now.

sym option debit share price curr % max profit net prft/shr $ option days left
EWZ 1.25 39.10 (45.3) (0.39) 38
JBL 1.98 24.84 (44.5) (0.61) 10
LEN 3.06 45.59 5.3 0.17 38
SPY 2.31 287.81 24.8 0.76 38
STZ 10.53 225.85 (25.4) (2.13) 38

Here’s where my shares positions stand.

sym share price net result % net profit $ days held
AAPL 224.13 0.1% 0.17 25
CHK 4.77 19.3% 0.77 25
FXI 40.42 -1.9% (0.79) 25
SPXU 33.15 -18.3% (7.41) 147
TSLA 259.74 -14.8% (45.25) 8
VNQI 54.13 -4.7% (2.68) 26

By Tim Bovee, Portland, Oregon, Oct. 9, 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.


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