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143 signals - 137 winners

August 2016: five positive signals - all green - were delivered in August of 2016


Chart 1: Stock Chart in August 2016

Details of the uncovered options signals in August 2016 displayed on the QQQ stock charts above:

Signal #1

Signal:
SPY
$212 9/2016
Sell (Short)
Puts
Opened:
08/26/16
12:26
$1.22
Closed:
08/29/16
09:48
$0.85
Profit on Premium:
+30.3%

Signal #2

Signal:
QQQ
$112 9/2016
Sell (Short)
Puts
Opened:
08/26/16
12:17
$0.51
Closed:
08/29/16
11:43
$0.30
Profit on Premium:
+41.2%

Signal #3

Signal:
SPY
$210 9/2016
Sell (Short)
Puts
Opened:
08/17/16
12:33
$1.18
Closed:
08/17/16
15:46
$0.90
Profit on Premium:
+23.7%

Signal #4

Signal:
QQQ
$114 8/2016
Sell (Short)
Puts
Opened:
08/05/16
14:33
$0.25
Closed:
08/18/16
10:00
$0.02
Profit on Premium:
+92.0%

Signal #5

Signal:
SPY
$212 8/2016
Sell (Short)
Puts
Opened:
08/05/16
13:01
$0.30
Closed:
08/12/16
12:23
$0.13
Profit on Premium:
+56.7%

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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