Strong Stocks & Trading Results for Sep 12, 2018

Watchlist and Report Sep 12

Market is still listless. The opportunities that are coming up are good for very short term trades.

Today system generated

  1. 3 Buy To Open Signals (ISRG, ILMN and COST) and
  2. 2 Sell To Close Signals.(ISRG and ILMN)

 

Following table gives details of the trades

  1. Symbol
  2. Option Strike Prices
  3. Bought Price and 
  4. 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.

  1. Apple Inc - AAPL
  2. Amazon com inc - AMZN
  3. Amgen Inc - AMGN
  4. Aetna Inc. - AET
  5. Mastercard - MA
  6. Berkshire Hathaway Inc. - BRK.B
  7. Home Depot - HD
  8. Costco Wholesale Corporation - COST
  9. Ulta Salon, Cosmetics & Fragrance, Inc. - ULTA
  10. Illumina, Inc - ILMN
  11. S&P Global, Inc. - SPGI
  12. Align Technology, Inc. - ALGN
  13. The Sherwin-Williams Company - SHW
  14. Humana Inc - HUM
  15. Intuitive Surgical, Inc. - ISRG
  16. 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.