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"Buying Calls" on "Selling Puts" signals

September 2014: in expectation of a correction, only 2 signals were generated in side-way market - all signals were profitable.


Chart 1: Stock Chart in September 2014

Details of the uncovered options signals in September of 2014 displayed on the stock charts above:

Signal #1

Signal:
SPY
$194 9/2014
Sell (Short)
Puts
Opened:
09/09/14
13:23
$0.40
Closed:
09/17/14
09:30
$0.10
Profit on Premium:
+75.0%

Signal #2

Signal:
QQQ
$97 9/2014
Sell (Short)
Puts
Opened:
09/05/14
15:42
$0.24
Closed:
09/17/14
09:35
$0.10
Profit on Premium:
+58.3%

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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