Monday, May 22, 2017

Lizard Initiative SCOREBOARD:
Day: 10 | Missed Days: 0 | Trades: 15 | Wins: 8 | Losers: 3 | Washes: 4 | Day: 3052 | Cumulative: 5179

Straddle Initiative SCOREBOARD:
Day: 9 | Missed Days: 0 | Trades: 2 | Wins: 1 | Losers: 1 | Washes: 0 | Day: 0  | Cumulative: 320


DIRECTIONAL Initiative SCOREBOARD:
Day: 9 | Missed Days: 0 | Trades: 5 | Wins: 1 | Losers: 3 | Washes: 1 | Day: 0  | Cumulative: 480
 
 


Neutral Initiative SCOREBOARD:
Day: 10 | Missed Days: 0 | Trades: 2
  | Wins: 1 | Losers: 1 | Washes: 0 | Day: 0 | Cumulative: 382

Results:

N/A
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INVN -9, 9.8, -3.5, -12.3, -2.6, -1.5--MERGER, NEED TO UPDATE ISSUES LIST!!
MOMO -7.2, .6, -9.4, 9, -.5, -13, 11.32...It is at relative highs, so will protect downside...straddle is 5.2, implying 11% move...the risk taken on this trade is too high for real life.
TOL -2.6, -7.3, -7.6, 3.8, 8, 8.8, 4.6, 5.6, we're at relative highs again, probably better to protect downside. Straddle cost $1.95, anticipating a 5% move...also going to buy a straddle...not enough credit for a lizard anyway

Working ahead, tomorrow's trading:
--none after market close

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