Uncovered Options Trading System

Options Autotrading

December 2013: 5 signals and 5 winners - almost 300% in summary return on premium for selling short QQQ and SPY uncovered options - third best month in 2013


Chart 1: Stock Chart in December 2013

Stock chart with Options Signals in December 2013
Details of the uncovered options signals in December of 2013 displayed on the stock charts above:

Signal #1

Signal:
SPY
$179 1/2014
Sell (Short)
Puts
Opened:
12/24/13
09:45
$0.84
Closed:
01/07/14
09:30
$0.37
Profit on Premium:
+56.0%

Signal #2

Signal:
QQQ
$86 1/2014
Sell (Short)
Puts
Opened:
12/24/13
09:40
$0.56
Closed:
01/10/14
09:41
$0.20
Profit on Premium:
+64.3%

Signal #3

Signal:
QQQ
$83 1/2014
Sell (Short)
Puts
Opened:
12/18/13
15:28
$0.59
Closed:
12/23/13
16:06
$0.20
Profit on Premium:
+66.1%

Signal #4

Signal:
SPY
$176 1/2014
Sell (Short)
Puts
Opened:
12/18/13
15:18
$1.20
Closed:
12/24/13
09:30
$0.50
Profit on Premium:
+58.3%

Signal #5

Signal:
QQQ
$84 12/2013
Sell (Short)
Puts
Opened:
12/09/13
15:20
$0.21
Closed:
12/18/13
15:17
$0.10
Profit on Premium:
+52.4%

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DISCLAIMER: THIS INFORMATION IS INTENDED FOR EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE ANY FINANCIAL ADVICE. RISK IS INVOLVED IN ALL STYLES OF MONEY MANAGEMENT. Uncovered options trading involves greater risk than stock trading. You absolutely must make your own decisions before acting on any information obtained from this Website.

The return results represented on the web site are based on the premium received for the selling options short and do not reflect margin. It is recommended to contact your broker about margin requirements on uncovered options trading before using any information on this web site. Use our "Trade Calculator" to recalculate our past performance in relation to the margin requirements, brokerage commissions and other trading related expenses. Past performance is not indicative of future results.

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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