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May 2010: Two Signals


Chart 1: Options Signals entry and exit points in May of 2010

Details of the uncovered options signals generated in May of 2010 displayed on the stock charts above:

Signal #1

Signal:
QQQ
$45 6/2010
Sell (Short)
Puts
Opened:
05/12/10
10:39
$0.58
Closed:
06/14/10
09:49
$0.30
Profit on Premium:
+48.3%

Signal #2

Signal:
QQQ
$44 6/2010
Sell (Short)
Puts
Opened:
05/06/10
15:25
$1.00
Closed:
05/10/10
09:47
$0.60
Profit on Premium:
+40.0%

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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