Uncovered Options Trading System
The following is the statistical summary on signals generated to trade uncovered SPY options. For better understanding the numbers describing the SPY uncovered options system reflect our trades over the various periods.
| Uncovered SPY Options System's Parameter |
Past 3 Months | Past 6 Months | Past 12 Months |
Accuracy of the system | 100 % | 100 % | 80% |
Total number of trades | 1 trades | 1 trades | 5 trades |
Total number of winning trades | 1 trades | 1 trades | 4 trades |
Total number of lost trades | 0 trades | 0 trades | 1 trades |
Average number of trades per month | 0.3 trades | 0.2 trades | 0.4 trades |
Average Strike | $517 | $517 | $499 |
Average selling short price | $2.40 | $2.40 | $2.18 |
Average Premium per 1 contract (opt price x 100) | $240.00 | $240.00 | $218.00 |
Average buying to cover price | $0.75 | $0.75 | $1.34 |
Average number of days to the expiration | 32 days | 32 days | 30 days |
Average number of days a position is opened | 21 days | 21 days | 12 days |
Number of days in cash per period | 71 days | 163 days | 303 days |
Average Number of days in cash per month | 24 days | 27 days | 25 days |
| Uncovered SPY Options System's Parameter |
Past 2 Years | Past 3 Years | Past 4 Years |
Accuracy of the system | 83 % | 89 % | 94% |
Total number of trades | 12 trades | 18 trades | 31 trades |
Total number of winning trades | 10 trades | 16 trades | 29 trades |
Total number of lost trades | 2 trades | 2 trades | 2 trades |
Average number of trades per month | 0.5 trades | 0.5 trades | 0.6 trades |
Average Strike | $440 | $427 | $409 |
Average selling short price | $2.14 | $2.72 | $2.40 |
Average Premium per 1 contract (opt price x 100) | $214.00 | $272.00 | $240.00 |
Average buying to cover price | $1.18 | $1.23 | $0.94 |
Average number of days to the expiration | 28 days | 10 days | 14 days |
Average number of days a position is opened | 9 days | 12 days | 12 days |
Number of days in cash over whole period | 619 days | 866 days | 1085 days |
Average Number of days in cash per month | 26 days | 24 days | 23 days |
| Uncovered SPY Options System's Parameter |
Past 5 Years | Past 6 Years | Past 7 Years |
Accuracy of the system | 93 % | 94 % | 94% |
Total number of trades | 41 trades | 54 trades | 65 trades |
Total number of winning trades | 38 trades | 51 trades | 61 trades |
Total number of lost trades | 3 trades | 3 trades | 4 trades |
Average number of trades per month | 0.7 trades | 0.8 trades | 0.8 trades |
Average Strike | $385 | $357 | $342 |
Average selling short price | $2.20 | $2.09 | $2.03 |
Average Premium per 1 contract (opt price x 100) | $220.00 | $209.00 | $203.00 |
Average buying to cover price | $1.02 | $1.02 | $1.07 |
Average number of days to the expiration | 7 days | 11 days | 14 days |
Average number of days a position is opened | 12 days | 18 days | 17 days |
Number of days in cash over whole period | 1303 days | 1203 days | 1422 days |
Average Number of days in cash per month | 22 days | 17 days | 17 days |
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.