2/5 – 3:20 p.m. New York time
Two outcomes today: I entered an options position on MGM and exited one on UAA.
The Week Ahead: International trade
International trade, the week’s lone major economic report, will be published Tuesday at 8:30 a.m. New York time.
Live: Friday, Feb. 2, 2018
Shares: FUN
I have entered a shares position on FUN, which publishes earnings on Feb. 14 before the opening bell.
FUN fell along with the broad market on Feb. 2, moving to a downtrend as measured by Fisher Transform. I exited based on the signal.
| sym | entry | exit | result (%) | annualized (%) | entry date | exit date |
| FUN | 68.5 | 67.76 | -1.1% | -394 | 2/1 | 2/2 |
By Tim Bovee, Portland, Oregon, Feb. 1, 2018
Live: Thursday, Feb. 1, 2018
UAA Analysis
Update 2/5/2018: UAA fell steadily from the time I entered a bear call options spread. I exited at 28.1% of maximum potential profit, a bit better than my goal of 25%.
Shares declined by 5.4% over my five-day holding period, or a -391% annual rate. The options position produced a 39.1% return for a +2,857% annual rate.
I have entered a bear put vertical spread on UAA, using options that trade for the last time 16 days hence, on Feb. 16. The premium is a $0.32 credit and the stock at the time of entry was priced at $14.11.
I made the decision to enter the trade in my account based on a downtrend signal from the Fisher Transformer and a very negative earnings surprise predictor of -80% from Zacks.
UAA publishes earnings on Feb. 13 before the opening bell.
Shares: TRP
I have entered bull position using shares on TRP. The company published earnings on Feb. 15 before the opening bell.
TRP fell along with the broad market on Feb. 2, moving to a downtrend as measured by Fisher Transform. I exited based on the signal.
| sym | entry | exit | result (%) | annualized (%) | entry date | exit date |
| TRP | 46.20 | 44.44 | -3.8% | -695% | 1/31 | 2/2 |
By Tim Bovee, Portland, Oregon, Jan. 31, 2018
Live: Wednesday, Jan. 31, 2018
Shares: TLND
I have entered a shares position on TLND, which publishes earnings on Feb. 18 after the closing bell. It is a down day on the S&P 500 and other blue chip index, and while my prospective share trades continued to show uptrends on the daily chart, on the more sensitive 8-hour chart only TLND continued to be uptrending.
TLND fell along with the broad market on Feb. 2, moving to a downtrend as measured by Fisher Transform. I exited based on the signal.
| sym | entry | exit | result (%) | annualized (%) | entry date | exit date |
| TLND | 37.97 | 37.84 | 0.3% | -42% | 1/30 | 2/2 |
By Tim Bovee, Portland, Oregon, Jan. 30, 2018
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