Live: Monday, Aug. 26, 2019

3:40 p.m. New York time

SPY results posted.

3:25 p.m. New York time

My exit order on my long iron condor on SPY has been filled for $0.76. Results to come.

11:25 a.m. New York time

I’ve updated the analysis of my GDX iron condor with results.

11:05 a.m. New York time

I placed an exit order on my GDX short iron condor. It was filled for a $0.22 debit, or 50% of maximum potential profit. Results to come.

10:50 a.m. New York time

In my options portfolio, I put in an exit order on my short on iron condor on SPY for a $0.76 debit, which is as yet unfilled.

In my managed shares portfolio, XLU gave a sell signal late Friday on the Directional Movement Index (DMI), and I exited for $61.76, a return of 0.4% over six days, or a +24% annual rate.

I replaced it with UNG, which a DMI buy signal this morning. The entry price was $19.17.

The new line-up is still a bit heavy on the metals, but that’s the nature of the market these days.

sym slot # entry $/share sector
GLD 1 143.03 metals
SLV 2 15.88 metals
IYR 3 91.44 real estate
UNG 4 19.17 energy
BIDU 5 112.22 technology

By Tim Bovee, Portland, Oregon, August 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.

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