Live: Wednesday, March 18, 2020

11:45 a.m. New York time

I’ve posted results for SPY (lot 7).

11:05 a.m. New York time

SPY (lot 7) has hit half of the position’s maximum potential profit, triggering an exit. I shall update the entry analysis with results shortly.

10:55 a.m. New York time

I’ve updated SPY (lot 6) Analysis with results.

10:20 a.m. New York time

I’ve exited one of my short bear call spread options positions on SPY, lot 6, after it exceeded 50% of maximum potential profit. I shall update the entry analysis shortly with results.

My Elliott wave analysis of the chart shows the S&P 500 in the 3rd wave of the downward movement that began March 3.

By Tim Bovee, Portland, Oregon, March 18, 2020


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