3:25 p.m. New York time
My three remaining short iron condor positions — on GLD, XLY and XOP — continue to stay in the profit zone (between the two breakeven points).
On my managed shares portfolio, I’ve exited SLV after receiving a bear signal on the directional movement index, for a $16.75 credit, producing a 5.5% return over 37 days.
I’ve left the slot empty, preserving funds to test an earnings play method I want to try next week. Here’s the present managed shares line-up:
|sym||slot #||entry $/share||sector|
By Tim Bovee, Portland, Oregon, September 13, 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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Based on a work at www.timbovee.com.