Strong Stocks & Trading Results for Sep 12, 2018
Market is still listless. The opportunities that are coming up are good for very short term trades.
Today system generated
- 3 Buy To Open Signals (ISRG, ILMN and COST) and
- 2 Sell To Close Signals.(ISRG and ILMN)
Following table gives details of the trades
- Option Strike Prices
- Bought Price and
- Sold Price
List of stocks that have higher probability of moving higher on Sep 12, 2018. These have been identified by a screening system that has been detailed at the bottom of this report.
- Apple Inc - AAPL
- Amazon com inc - AMZN
- Amgen Inc - AMGN
- Aetna Inc. - AET
- Mastercard - MA
- Berkshire Hathaway Inc. - BRK.B
- Home Depot - HD
- Costco Wholesale Corporation - COST
- Ulta Salon, Cosmetics & Fragrance, Inc. - ULTA
- Illumina, Inc - ILMN
- S&P Global, Inc. - SPGI
- Align Technology, Inc. - ALGN
- The Sherwin-Williams Company - SHW
- Humana Inc - HUM
- Intuitive Surgical, Inc. - ISRG
- Autozone Inc - AZO
Implied Volatility (IV) and Average True Range (ATR)
IV over ATR is a simple measure of price paid per unit move of the underlying. Lesser the value of this ratio it is better. Quotes table above have this measure listed for each stock.
Relative Capitalization of Strong Stocks
- Generally, capitalization of a stock is directly proportional to volume traded.
- More the volume more liquid the stocks/options will be.
- Moreover, stocks that are traded with high volume will have their options in several exchanges
- Which in turn help with liquidity in options market.