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"Buying Calls" on "Selling Puts" signals

December 2016: three options signals - three winners


Chart 1: Stock Chart in December 2016

Chart 2: Stock Chart in December 2016

Details of the uncovered options signals in December 2016 displayed on the SPY stock charts above:

Signal #1

Signal:
SPY
$220 1/2017
Sell (Short)
Puts
Opened:
12/21/16
13:29
$0.87
Closed:
01/04/17
13:53
$0.40
Profit on Premium:
+54.0%

Signal #2

Signal:
QQQ
$118 1/2017
Sell (Short)
Puts
Opened:
12/21/16
13:09
$0.85
Closed:
01/05/17
13:24
$0.40
Profit on Premium:
+52.9%

Signal #3

Signal:
SPY
$215 12/2016
Sell (Short)
Puts
Opened:
12/05/16
09:49
$0.57
Closed:
12/16/16
16:15
$0.00
Profit on Premium:
+100.0%

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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