Live: Tuesday, Sept. 3, 2019

4:30 p.m. New York time

And at the close, no fills on my three live trades. Tomorrow…

3:20 p.m. New York time

My short iron condor orders on GDXJ, XLY and XOP have yet to be filled. I shall leave them active, allowing any unfilled to expire at the close. Any fills, I’ll post the analysis after the closing bell.

My managed shares positions are all in uptrend mode on the Directional Index Indicator, so I am continuing to hold.

The line-up:

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

2:40 p.m. New York time

I’ve placed an order for a short iron condor on XOP, asking for a $0.38 credit. The shorts are $24 on the calls and $18 on the puts, and the longs are $27 on the calls and $16 on the puts.

12:50 p.m. New York time

I’ve placed an order for a short iron condor on XLY, asking for a $1.27 credit. The shorts are $125 for the calls and $111 for the puts, when the long wings at $129 for the calls and $103 for the puts.

10:45 a.m. New York time

I’ve placed an entry order for a short iron condor on GDXJ, asking for a $0.95 credit, structured as a short call at $49 and short put at $38, and a long call at $54 and long put at $34. So, it hits the 18 delta for the call and 20 delta for the put.

10:25 a.m. New York time

IWM Analysis posted.

10:15 a.m. New York time

This is set-up day, 45 days before expiration of the next round of trades, which will use the monthly options expiring October 18.

I’ve entered a short iron condor on IWM for a $1.90 credit and shall post the analysis shortly.

By Tim Bovee, Portland, Oregon, September 3, 2019

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.

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