Live: Friday, April 26, 2019

10:25 a.m. New York time

My two remaining positions that expire in 21 days are the bad boys: DIS and STNE, both of them iron condors that have moved beyond their profit zones, in defiance of high probabilities that they would remain within their zones. Driving home again the undeniable truth: Probabilities aren’t certainties. Q.E.D.

They are both in such awful shape that I may wait until Monday just to see what happens. DIS is dropping a bit back toward profitability, which might slightly mitigate the loss. STNE is zig-zagging sideways.

10:15 a.m. New York time

It’s 21 days until the May monthly options expire. Time to exit my positions built from those options.

Exited so far: EA and TWLO for a profit, GDX and SPY for a loss.

Results and details will be late today, due to a post-op medical appointment following yesterday’s lens replacement surgery.

By Tim Bovee, Portland, Oregon, April 26, 2019


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