I have no prospective trades in sight for Friday.

By Tim Bovee, Portland, Oregon, Feb. 16, 2017

 

I had no prospective new positions on my desk today and entered no new positions. I exited no positions.

I am attempting an exit of my position on BP, but it has not yet been filled and appears unlikely to be at this point. If it should be filled before the closing bell, then I shall update Outcomes.

I am breaking off my trading early today to meet another commitment.

By Tim Bovee, Portland, Oregon, Feb. 16, 2017

 

I have no prospective trades for analysis on Thursday.

By Tim Bovee, Portland, Oregon, Feb. 15, 2017

 

I entered no new positions. I exited a position on INTC for a profit.

By Tim Bovee, Portland, Oregon, Feb. 15, 2017

 

CSCO, the one prospective trade on my desk this morning, continues to show declining implied volatility and is a bit too low compared to its annual and near-term ranges to qualify for further analysis.

I’ll check it again later in the day but for now, it doesn’t meet my criteria for trading.

By Tim Bovee, Portland, Oregon, Feb. 15, 2017

CSCO is the one earnings play sufficiently liquid for further consideration. However, implied volatility is overly low for my purposes in relation to both the annual range and the most recent broad movement. I shall look at the numbers on Wednesday and make a decision regarding further analysis.

By Tim Bovee, Portland, Oregon, Feb. 14, 2017

 

I entered no new positions. I exited my long-standing dividend play on STWD for a profit.

By Tim Bovee, Portland, Oregon, Feb. 14, 2017

 

Neither of the two prospects on my desk this morning qualifies for further analysis because of relatively low implied volatility .

I require that IV be in the 50th percentile or greater of either the annual range or the most recent broad movement.

AIG’s numbers are 27th percentile for the annual and 21st for the recent, and PEP’s numbers are 33rd for the annual and 41st for the recent.

My trading day will be shortened due to other obligations. If I exit any positions, I shall post Outcomes and results after the closing bell.

By Tim Bovee, Portland, Oregon, Feb. 14, 2017

 

I have two potential earnings plays under consideration for Tuesday. Both AIG and PEP have low implied volatility compared to both their annual ranges and their most recent broad moves, AIG by a wide margin and PEP by a narrow one.

If IV rises sufficiently on either or both of the symbols, then I shall do an analysis and potentially a trade.

By Tim Bovee, Portland, Oregon, Feb. 13, 2017

I entered no new positions and exited T for a profit.

I am attempting exits of BP and INTC at my target prices, but the orders have not yet been filled. I shall update Outcomes after the closing bell if either finds buyers sellers at my offering price that will allow me to cover my short positions.

By Tim Bovee, Portland, Oregon, Feb. 13, 2017