Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Lear Corp (NYSE: LEA). June. Short. + 6.29% On Invested Capital.

|About: Lear Corporation (LEA)
Summary

Investors are very fond of the result.

I propose to calculate the potential profit for June.

The forecast were printed on June 6, 2019. My system showed a potential drop market in June. The market grew in June. I did not consider buy signals.

June 11

Short

Volume position 1000 shares.

Position opening: $ 136.95

$ 136.95 x 1000 shares = $ 136,950. This is the invested capital.

Stop Loss: $ 137.95

June 12

On my system at the price of $ 134.95, 50% of the position was closed.

$ 136.95 x 1000 shares = $ 136,950

$ 134.95 x 1000 shares = $ 134,950

$ 136,950 - $ 134,950 = $ 2,000. This is 1.46% on invested capital.

We continue to hold the position.

$ 136.95 x 500 shares = $ 68,475

June 14

On my system at the price of $ 133.95, 50% of the position was closed.

$ 136.95 x 500 shares = $ 68,475

$ 133.95 x 500 shares = $ 66,975

$ 68,475 - $ 66,975 = $ 1,500. This is 2.19% on invested capital.

We continue to hold the position.

$ 136.95 x 250 shares = $ 34,237

June 14

Short

Volume position 500 shares.

Position opening: $ 134.95

$ 134.95 x 500 shares = $ 67,475. This is the invested capital.

June 14

Position June 14

On my system at the price of $ 133.95, 50% of the position was closed.

$ 134.95 x 500 shares = $ 67,475

$ 133.95 x 500 shares = $ 66,975

$ 67,475 - $ 66,975 = $ 500. This is 0.74% on invested capital.

We continue to hold the position.

$ 134.95 x 250 shares = $ 33,737

June 17

Position June 14

On my system at the price of $ 132.95, 50% of the position was closed.

$ 134.95 x 250 shares = $ 33,737

$ 132.95 x 250 shares = $ 33,237

$ 33,737 - $ 33,237 = $ 500. This is 1.48% on invested capital.

We continue to hold the position.

$ 134.95 x 125 shares = $ 16,868

June 17

Closing position on June 14

$ 134.95 x 125 shares = $ 16,868

$ 134.65 x 125 shares = $ 16,831

$ 16,868 - $ 16,831 = $ 37. This is 0.21% on invested capital

June 18

Closing position on June 11

$ 136.95 x 250 shares = $ 34,237

$ 136.65 x 250 shares = $ 34,162

$ 34,237 - $ 34,162 = $ 75. This is 0.21% on invested capital

Profit for June.

$ 2,000 + $ 1,500 + $ 500 + $ 500 + $ 37 + $ 75 = $ 4,150

1.46% + 2.19% + 0.74% + 1.48% + 0.21% + 0.21% = 6.29%

By the way. The position volume could be increased 3 times. This is for this ticker.