As S&P 500 and Nasdaq 100 crossed above their resistance line set in October of 2018 and confirmed in May of 2019, the options trading system generated a row of positive signals.
Signal: | QQQ $185 8/2019 | Sell (Short) Puts |
Opened: | 07/12/19 10:09 | $1.30 |
Closed: | 07/24/19 16:00 | $0.50 |
Profit on Premium: | +61.5% |
Signal: | QQQ $185 7/2019 | Sell (Short) Puts |
Opened: | 07/03/19 11:36 | $0.60 |
Closed: | 07/10/19 09:53 | $0.20 |
Profit on Premium: | +66.7% |
Signal: | SPY $290 7/2019 | Sell (Short) Puts |
Opened: | 07/03/19 11:32 | $0.57 |
Closed: | 07/19/19 16:00 | $0.00 |
Profit on Premium: | +100.0% |
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.