Uncovered QQQ Options Signals | +173% |
Uncovered SPY Options Signals | +238% |
Uncovered QQQ Buy & Hold | +5% |
Uncovered SPY Buy & Hold | +1% |
Uncovered options trading (selling options short) is considered extremely risky, however, it is rarely mentioned that the biggest fear of an options trader - time - is actually an ally to the uncovered options trader. And it is also rarely ever discussed that institutional traders (banks, investments companies, and others) for some reason sell options short, even if "this is considered more risky than buying options"...
The following is the summary of statistics on signals generated to trade uncovered QQQ options using our trading system. All our signals are auto-tradable by major online brokerage companies. There are no back-tested trades and all results are based on trade confirmations received from online brokers. The result achieved were the same as those achieved by our subscribers who auto-traded our signals.
Table 1. Our Trading System Statistics for 2006 year
(Click here to see Trade History)
Number of Trades | 21 Trades |
Average Number of Trades per month | 1-2 trades |
Number of Winning Trades | 20 Trades |
Number of Lost Trades | 1 Trade |
Accuracy of the System | 95% |
2006 Summary Return | +411.4% |
Average Return per Trade | +19.6% |
Yearly rate for the service (check current rates here) | $779.95 |
Click here to customize the Numbers below to personal portfolio | |
If a trader with $100,000 account value would invested only 10% in each QQQ options trade and 10% in each SPY options trade in 2006, by the end of the year he/she would receive profit | +$55,250 |
If we take away trade commissions and membership fee from this, then the CLEAN PROFIT (minus all expenses) would be | +$52,070 |
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.