Uncovered Options Trading System
Please log into the Members Area to verify the status of the current QQQ and SPY options signals.
If you do not clearly understand the information in the table on the web site, please do not hesitate to contact us. The type of options signals that could be issued by our options trading system are provided below.
There are five types of signals that could be issued by our trading system:
This is what our signal email alert looks like when a new options signal is issued.
2/28/2017 12:30 EST - A New Signal was issued today.
Signal Date: 2/28/2017 12:30
Signal: Sell (Short) Puts
Security: QQQ
Symbol: QQQ Mar17 Put 127
Expiry Date: 3/17/2017
Strike Price: $127
Entry Price: sell (short) puts at or above $0.75
Exit Price: buy (cover) puts at or below $0.30
Stop Price: not set
NOTE: A signal is cancelled if the trade has not occurred until 2/28/2017 4:00:00 PM
NOTE: A signal is cancelled if the trade has not occurred and new signal is issued.
This is what our signal email alert looks like when a trade is opened in accordance with the previously issued options signal. This alert is sent only when we receive a confirmation from the brokers who autotrade our signals - when we know at what price our autotrading subscribers were filled.
2/28/2017 12:32 EST - The position was opened today. New Suggested Entry Price - Market Price.
2/28/2017 12:30 EST - A New Signal was issued today.
Signal Date: 2/28/2017 12:30
Signal: Sell (Short) Puts
Security: QQQ
Symbol: QQQ Mar17 Put 127
Expiry Date: 3/17/2017
Strike Price: $127
Exit Price: buy (cover) puts at or below $0.30
Stop Price: not set
When an options position is opened we may change the exit price. As a rule it happened when system recommend cutting profit and earlier position exit or longer staying in the position with expectation for bigger profit. This is how our email alert and signal in the members' area look like when the new recommended exit price is issued:
3/1/2017 15:19 EST - A "New Suggested Exit" was issued today.
Signal Date: 2/28/2017 12:30
Signal: Sell (Short) Puts
Security: QQQ
Symbol: QQQ Mar17 Put 127
Expiry Date: 3/17/2017
Strike Price: $127
Exit Price: buy (cover) puts at or below $0.25
Stop Price: not set
When a position is opened we may change the recommended stop price. As a rule it happened when system would suggest cutting losses and earlier position exit or longer staying in the position with expectation for a reversal. This is how our email alert and signal in the members' area look like when the new stop-loss price is issued:
3/2/2017 15:16 EST - A "New Suggested Stop" was issued today.
Signal Date: 2/28/2017 12:30
Signal: Sell (Short) Puts
Security: QQQ
Symbol: QQQ Mar17 Put 127
Expiry Date: 3/17/2017
Strike Price: $127
Exit Price: buy (cover) puts at or below $0.20
Stop Price: buy (cover) puts at or above $0.25
This is how our email alert and signal in the members' area look like when the previously opened position is closed in accordance to the recommended exit price or when the recommended stop-loss price is hit. This alert is sent only when we receive a confirmation from the brokers who autotrade our signals - when we know at what price our autotrading subscribers' closing orders were filled.
3/3/2017 09:38 EST - The position was closed today. New Suggested Exit Price - Market Price.
Signal Date: 2/28/2017 12:30
Signal: Sell (Short) Puts
Security: QQQ
Symbol: QQQ Mar17 Put 127
Expiry Date: 3/17/2017
Strike Price: $127
Exit Price: buy (cover) puts at or below $0.20
Stop Price: buy (cover) puts at or above $0.25
Naked options trading is very risky - many people lose money trading them. It is recommended contacting your broker or investment professional to find out about trading risk and margin requirements before getting involved into trading uncovered options.