Wednesday, May 31, 2017

Lizard Initiative SCOREBOARD:
Day: 16 | Missed Days: 1 | Trades: 26 | Wins: 15 | Losers: 4 | Washes: 7 | Day: 0 | Cumulative: 2389

Straddle Initiative SCOREBOARD:
Day: 15 | Missed Days: 0 | Trades: 4 | Wins: 1 | Losers: 3 | Washes: 0 | Day: 0  | Cumulative: (144)


DIRECTIONAL Initiative SCOREBOARD:
Day: 15 | Missed Days: 0 | Trades: 5 | Wins: 1 | Losers: 3 | Washes: 2 | Day: 0  | Cumulative: 500
 
 


Neutral Initiative SCOREBOARD:
Day: 16 | Missed Days: 1 | Trades: 3
  | Wins: 1 | Losers: 2 | Washes: 0 | Day: 0 | Cumulative: (668)

Account Balance: 98.7K

Results:

KORS: Just got to the edge and slightly beyond the unprotected downside. Essentially a wash less commissions.
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HPE 3, 12, 6.4, -3.3, 3, -7.5, ...looks like buying puts, selling calls, 1.1 straddle, 5.8% expected move, will be protecting downside due to technicals and options statistics...no can do, no premium. Will buy some puts though. Wow, so many puts outstanding.
PANW 7, 6, 5, -14.1, -7.8, -15.3, -33 Downside, hello! Between markets, 10.5 straddle, 8.8% expected move...nice credit so a nice risk/reward ratio
CIEN .88, 2.18, -18.6, -22, 11, 7.44, 15.3, -9.1, 2.03 straddle, expecting 8.6 move...not enough credit for lizard
DG 2.9, -3, 4, 9.8, 4.5, -21, -5.5, -1.2, options trading within bid/ask, 3.98 straddle, 5.5 expected move, going to protect upside

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