{"id":1335,"date":"2017-08-24T20:28:40","date_gmt":"2017-08-24T20:28:40","guid":{"rendered":"http:\/\/tradejolt.com\/wordpress\/?p=1335"},"modified":"2017-08-24T21:57:39","modified_gmt":"2017-08-24T21:57:39","slug":"tjx-status-report-24-aug","status":"publish","type":"post","link":"https:\/\/tradejolt.com\/wordpress\/tjx-status-report-24-aug\/","title":{"rendered":"TJX &#8211; STATUS REPORT 24 AUG"},"content":{"rendered":"<p>TJX moved up according to our expectations.<br \/>\n<a href=\"http:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2017\/08\/fast_prognosis_24aug.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2017\/08\/fast_prognosis_24aug-300x161.png\" alt=\"fast_prognosis_24aug\" width=\"300\" height=\"161\" class=\"alignnone size-medium wp-image-1336\" srcset=\"https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2017\/08\/fast_prognosis_24aug-300x161.png 300w, https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2017\/08\/fast_prognosis_24aug-600x323.png 600w, https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2017\/08\/fast_prognosis_24aug-1024x550.png 1024w, https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2017\/08\/fast_prognosis_24aug-900x483.png 900w, https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2017\/08\/fast_prognosis_24aug.png 1118w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><br \/>\nWe now expect a continue move up over the next week, so we will play to upside. We bought back our 67.50 short puts and sold short 70.00 puts, collecting $76 in premium. Do not consider this positive cash flow a gain! Our gain loss so far reflects a $34 loss, the difference in the transaction costs of our $67.50 put.<\/p>\n<p>Our new risk profile looks like this:<\/p>\n<p><a href=\"http:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2017\/08\/tjx_snapshot_24aug.png\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2017\/08\/tjx_snapshot_24aug-300x127.png\" alt=\"tjx_snapshot_24aug\" width=\"300\" height=\"127\" class=\"alignnone size-medium wp-image-1338\" srcset=\"https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2017\/08\/tjx_snapshot_24aug-300x127.png 300w, https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2017\/08\/tjx_snapshot_24aug-600x255.png 600w, https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2017\/08\/tjx_snapshot_24aug-1024x434.png 1024w, https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2017\/08\/tjx_snapshot_24aug-900x381.png 900w, https:\/\/tradejolt.com\/wordpress\/wp-content\/uploads\/2017\/08\/tjx_snapshot_24aug.png 1365w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>We now have positive theta (0.74), positive delta (14.24) and positive vega (6.88). This benefits from the passage of time and a rise in the stock price, but will suffer a bit if volatility decreases a lot. We don't expect much of a drop in volatility, so this is acceptable.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TJX moved up according to our expectations. We now expect a continue move up over the next week, so we will play to upside. We bought back our 67.50 short puts and sold short 70.00 puts, collecting $76 in premium. Do not consider this positive cash flow a gain! Our gain loss so far reflects [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1336,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_bbp_topic_count":0,"_bbp_reply_count":0,"_bbp_total_topic_count":0,"_bbp_total_reply_count":0,"_bbp_voice_count":0,"_bbp_anonymous_reply_count":0,"_bbp_topic_count_hidden":0,"_bbp_reply_count_hidden":0,"_bbp_forum_subforum_count":0,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[5],"tags":[],"class_list":["post-1335","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-trades"],"_links":{"self":[{"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/posts\/1335","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/comments?post=1335"}],"version-history":[{"count":6,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/posts\/1335\/revisions"}],"predecessor-version":[{"id":1343,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/posts\/1335\/revisions\/1343"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/media\/1336"}],"wp:attachment":[{"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/media?parent=1335"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/categories?post=1335"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradejolt.com\/wordpress\/wp-json\/wp\/v2\/tags?post=1335"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}