2:20 p.m. New York time

Update. I’ve updated with results my entry analysis of my short bear call options spreads on XBI.

9:15 a.m. New York time

Options. I’ve exited short bear call options spreads on XBI for 54.8% of maximum potential profit. Under my rules, 50% of max profit or better triggers a sale. The position on Friday would have reached 21 days before expiration and so would have been exited if profitable to any degree. The next entry window, for the options expiring September 17, begins today and runs through August 10, with August 3, which is 45 days before expiration, being the midpoint.

I shall update my entry analysis with results later today.

Shares. I added to my NFLX and TSLA stock positions on Monday, and also opened positions on MDB, NVDA, TDOC and ZM. Positions added earlier, in addition to NFLX and TSLA, are AAPL, GLD and Bitcoin.

Methodology. For shares at this point I’m using traditional methods — glance at the fundamentals and the news, and buy on the drops. These holdings are meant for the long-term.

By Tim Bovee, Portland, Oregon, July 27, 2021

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

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.