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Chart School |
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Best Mid-Term Trade
January 14st, 2004
Go to Best Trades
Archive
This
week’s “best trade of the week” was based on the actual QQQ
trading signals issued by our system for the period August 01,
2003 to January 10, 2004. The system is very simple: to
profit, all you have to do is to follow our trade
recommendations.Subscribers who
followed our signals made a +23%
return trading QQQ stock during this period.
A question we are frequently asked
is:
What kind of
results can I expect
by using your QQQ trading
signals
to trade QQQ options?
Chart of our QQQ trading signals issued
between 08/01/2003 and 01/10/2004
With our QQQ timing system,
you would have made
over 190%
trading QQQ
options since August 2003.
The QQQ options trades
below are based on our QQQ trading signals dating back to
August 2003. The trades illustrate how our index trading
signals can be applied to the trading of options.
|
Signal |
Action |
Strike |
Expiry
Date |
Entry
Date |
Entry
Price |
Exit to
Cash Date |
Exit
Price |
Return
% |
Growth
% |
|
Long |
Buy Call |
35 |
01/2004 |
12/05/03 |
1.45 |
01/08/04 |
2.90 |
+100% |
+196% |
|
Long |
Buy Call |
35 |
01/2004 |
11/17/03 |
1.50 |
12/04/03 |
1.60 |
+6% |
+96% |
|
Long |
Buy Call |
34 |
12/2003 |
10/27/03 |
1.65 |
10/29/03 |
2.10 |
+27% |
+90% |
|
Long |
Buy Call |
33 |
11/2003 |
09/25/03 |
1.70 |
10/06/03 |
2.15 |
+26% |
+64% |
|
Long |
Buy Call |
34 |
11/2003 |
09/18/03 |
1.75 |
09/19/03 |
2.10 |
+20% |
+38% |
|
Long |
Buy Call |
30 |
10/2003 |
08/06/03 |
2.25 |
08/19/03 |
2.65 |
+18% |
+18% |
-
The above results were
achieved by trading QQQ options
based on our QQQ signals. Trades are entered at
the market opening; trade signals are posted on our site the
evening before.
-
The percent growth
figure in the table above represents a summary rate of
return, not a compounded return.
-
Only options trades
with an expiration date of at least 2 to 3 months were
taken. We do not encourage you to invest your money in
(shorter-term) option plays that have a high risk of
expiring worthless.
-
As the call strike, we
take the highest strike price that is in the money at the
moment a trade is opened. As the put strike, we take the
lowest strike price that is in the money at the moment a
trade is opened.
-
The results shown do
not include brokerage commissions, taxes, or interest earned
on cash positions.
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