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"Buying Calls" on "Selling Puts" signals

August 2009: 7 conservative and profitable short-lived trading signals


Chart 1: Options Signals entry and exit points in August of 2009

Details of the uncovered options signals generated in August of 2009 displayed on the stock charts above:

Signal #1

Signal:
SPY
$97 9/2009
Sell (Short)
Puts
Opened:
08/25/09
15:05
$0.68
Closed:
08/27/09
14:03
$0.60
Profit on Premium:
+11.8%

Signal #2

Signal:
QQQ
$38 9/2009
Sell (Short)
Puts
Opened:
08/25/09
16:14
$0.30
Closed:
08/27/09
14:04
$0.26
Profit on Premium:
+13.3%

Signal #3

Signal:
QQQ
$39 9/2009
Sell (Short)
Puts
Opened:
08/21/09
15:53
$0.56
Closed:
08/24/09
10:12
$0.49
Profit on Premium:
+12.5%

Signal #4

Signal:
SPY
$98 9/2009
Sell (Short)
Puts
Opened:
08/21/09
15:53
$1.09
Closed:
08/24/09
10:10
$0.90
Profit on Premium:
+17.4%

Signal #5

Signal:
SPY
$96 8/2009
Sell (Short)
Puts
Opened:
08/14/09
15:01
$0.24
Closed:
08/18/09
13:37
$0.21
Profit on Premium:
+12.5%

Signal #6

Signal:
SPY
$95 8/2009
Sell (Short)
Puts
Opened:
08/11/09
15:18
$0.28
Closed:
08/12/09
10:10
$0.20
Profit on Premium:
+28.6%

Signal #7

Signal:
SPY
$94 8/2009
Sell (Short)
Puts
Opened:
08/06/09
11:24
$0.30
Closed:
08/07/09
09:38
$0.25
Profit on Premium:
+16.7%

Risk Statement:

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.

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