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"Buying Calls" on "Selling Puts" signals

April 2016: five profitable signals was generated by the system in April of 2016


Chart 1: Stock Chart in April 2016

Details of the uncovered options signals in April 2016 displayed on the QQQ stock charts above:

Signal #1

Signal:
SPY
$204 5/2016
Sell (Short)
Puts
Opened:
04/20/16
15:25
$1.03
Closed:
05/17/16
10:14
$0.56
Profit on Premium:
+45.6%

Signal #2

Signal:
QQQ
$106 5/2016
Sell (Short)
Puts
Opened:
04/20/16
15:21
$0.58
Closed:
05/17/16
10:14
$0.56
Profit on Premium:
+3.4%

Signal #3

Signal:
QQQ
$103 5/2016
Sell (Short)
Puts
Opened:
04/15/16
13:13
$0.45
Closed:
04/19/16
11:52
$0.40
Profit on Premium:
+11.1%

Signal #4

Signal:
QQQ
$106 4/2016
Sell (Short)
Puts
Opened:
04/07/16
13:50
$0.21
Closed:
04/13/16
15:36
$0.02
Profit on Premium:
+90.5%

Signal #5

Signal:
SPY
$201 4/2016
Sell (Short)
Puts
Opened:
04/01/16
16:01
$0.38
Closed:
04/12/16
11:31
$0.15
Profit on Premium:
+60.5%

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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