Thursday, June 1, 2017

Lizard Initiative SCOREBOARD:
Day: 17 | Missed Days: 1 | Trades: 28 | Wins: 16 | Losers: 5 | Washes: 7 | Day: -3960 | Cumulative: (1571)

Straddle Initiative SCOREBOARD:
Day: 16 | Missed Days: 0 | Trades: 4 | Wins: 1 | Losers: 3 | Washes: 0 | Day: 0  | Cumulative: (144)


DIRECTIONAL Initiative SCOREBOARD:
Day: 16 | Missed Days: 0 | Trades: 7 | Wins: 2 | Losers: 3 | Washes: 2 | Day: 0  | Cumulative: 950
 
 


Neutral Initiative SCOREBOARD:
Day: 17 | Missed Days: 1 | Trades: 3
  | Wins: 1 | Losers: 2 | Washes: 0 | Day: 0 | Cumulative: (668)

Account Balance: 98.7K

Results:

HPE Puts: $450 profit
PANW: TOTAL LOSS, 14.6% move, -4600
DG: $640 gain, did move to upside as expected

Account Value: $94.6K

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Goos
AVGO
LULU
RH
VMW
WDAY

Goos--not enough data
AVGO 8, 8.8, 6, 4.8, -2.3, 5.7, -1.1, since it is at all time highs I will protect downside, this is trading more off technicals and trends than past data absolute numbers. No clue from options data, Straddle $11.45, 5% expected move, not enough credit.
LULU 9.93, -19.6, -15, 9.7, 4.7, -11.8, 15.3, -30.5, options data gives no clue, Based on technicals and the number of large call options positions I am going to bet LULU moves up and buy calls accordingly, I think it is too volatile and unpredictable for a lizard
RH .3, 8.5, -4.5, -34, -26, 3, 22, 20, 5.55 debit, 9.8% expected, I don't think I can trade this one, options provide no clues
VMW 3.6, -24, -11, 12, 8.5, 3.3, 3.4, obviously more prone to downside shocks, trading at highs, protect downside. 6.90 straddle, about 7% move expected
WDAY 4, -7.5, 15.7, 2, 6.6, -15, -9.6...All time highs, I am going to protect downside, 47% of puts traded at ask, means these were bought, more puts traded as well...bought some puts therefore, straddle is 7.75%, (price is at $100), also placed a lizard

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