U.S. markets are closed on Monday to observe the Christmas holiday.

There are no prospects for Tuesday.

By Tim Bovee, Portland, Oregon, Dec. 23, 2016

 

 

No trades today. U.S. markets will be closed on Monday for the winter holidays observance, and will re-open on Tuesday.

By Tim Bovee, Portland, Oregon, Dec. 23, 2016

No prospective trades for Friday. I won’t be doing analysis of possible new positions.

By Tim Bovee, Portland, Oregon, Dec. 22, 2016

 

I entered no new positions, nor exited any existing ones.

By Tim Bovee, Portland, Oregon, Dec. 22, 2016

No surprise, the week of Dec. 26 through Dec. 30 will be a painfully slow time for earnings, so slow as to best be described as non-existent.

Twelve companies publish earnings for action that week. The most liquid of the group trades 335,000 shares a day, on average; the least liquid, 293 shares.

None of the dozen is liquid enough to meet my options trading standards. I plan no earnings plays next week.

By Tim Bovee, Portland, Oregon, Dec. 22, 2016

 

As the business of the markets slows with the approach of the winter holidays, I have no symbols qualifying as prospective trades on Thursday. I shall enter no new positions.

There will be no Agenda post for Thursday.

By Tim Bovee, Portland, Oregon, Dec. 21, 2016

I entered a position on MU as a potential earnings play and exited TLT for a small profit.

By Tim Bovee, Portland, Oregon, Dec. 21, 2016

Micron Technology Inc. (MU)

Update 1/10/2017: MU gapped sharply to the upside after earnings were published and never returned to the position’s profit zone. 

Shares rose 9.5% over 20 days, or a +173% annual rate. The options position produced a 24.7% loss on debit for a -451% annual rate.

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MU publishes earnings on Wednesday after the closing bell.

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I’ve opened up space in my account by exiting TLT to accommodate an additional position. I’ll analyze today’s prospect, MU, as a potential earnings play and update the TLT analysis with results within an hour.

By Tim Bovee, Portland, Oregon, Dec. 21, 2016

I’m looking at one prospect for Wednesday, an earnings play on MU. One difficulty is that my funds are entirely committed, so I’ll be unable to enter any new positions unless I exit a position.

By Tim Bovee, Portland, Oregon, Dec. 20, 2016