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.
- 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.
- MS for a $56.15 debit.
- MX, a $15.92 debit
- PERI, a $9.62 debit
- 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