Live: Wednesday, January 22, 2020

12:05 p.m. New York time

I’ve updated GLD Analysis with results of my short iron condor trade.

11:20 a.m. New York time

My short iron condor position on GLD was filled for half of maximum potential profit. I shall update the analysis with results later today.

In stocks, today’s focus is on the Momentum Portfolio. I entered three positions and exited two positions in Momentum, and also exited two positions in the Growth Portfolio.

Stock Trades

  • Momentum
    • Exits
      • ICHR, for a $37.98 credit per share, down 73 cents from the entry price, producing a 1.9% loss over seven days, or a -98% annual rate.
      • SNX, a $146.65 credit, down $3.89 from entry, showing a 2.6% loss over seven days for a -135% annual rate.
    • Entries
      • MS for a $56.15 debit.
      • MX, a $15.92 debit
      • PERI, a $9.62 debit
  • Growth
    • Exits
      • EBMT, for a $22.51 credit, up 12 cents from the entry price, producing a 0.5% return over one day for a +196% annual rate.
      • SSNC, a $64.33 credit, up 67 cents from entry for a 1.1% return over one day, which is a 384% annual rate

By Tim Bovee, Portland, Oregon, January 22, 2020

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
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Based on a work at www.timbovee.com.