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"Buying Calls" on "Selling Puts" signals

October 2011: 4 signals delivered +181% of profit


Chart 1: Chart in October 2011

Details of the uncovered options signals in October of 2011 displayed on the stock charts above:

Signal #1

Signal:
SPY
$118 11/2011
Sell (Short)
Puts
Opened:
10/21/11
11:25
$2.10
Closed:
10/24/11
13:43
$1.34
Profit on Premium:
+36.2%

Signal #2

Signal:
QQQ
$55 11/2011
Sell (Short)
Puts
Opened:
10/21/11
12:26
$1.10
Closed:
10/24/11
13:14
$0.63
Profit on Premium:
+42.7%

Signal #3

Signal:
SPY
$117 10/2011
Sell (Short)
Puts
Opened:
10/12/11
10:47
$0.72
Closed:
10/14/11
09:52
$0.36
Profit on Premium:
+50.0%

Signal #4

Signal:
QQQ
$55 10/2011
Sell (Short)
Puts
Opened:
10/12/11
11:00
$0.38
Closed:
10/14/11
09:33
$0.18
Profit on Premium:
+52.6%

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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