"Best Trade" Newsletter (July 14, 2006)

This "best trade" is a continuation of previous "Best trade" newsletter posted (sent to MV subscribers) on July 13, 2006 where we left a QQQQ Call position open.

In the following example, we have based our  QQQQ options trades on NASDAQ 100 advance / decline indicators. Using the principles outlined below, you may wish to trade options on the SPDRs (SPY), ^SPX, DIAMONDS Trust, Series 1 (DIA), as well as on other underlies that generally tend to move in concert with the S&P 500 index. It is also conceivable that an analysis similar to the one shown below could be used to trade options based on the NASDAQ 100, Russell 2000, and other indexes.

For this "Best trade", "Buy Calls" trade  is opened
in order to close them later with profit if the index moves in our favor.

Below you will find a Table of Trade Motivations and a chart showing the trades, including detailed trade calculations.

Chart 2:	NASDAQ 100 SBV Oscillator - July, 2006.

In Table 1 - a 'Table of Trade Motivators' - we show the motivating factors that led us to take the above trades.

Table 1: Table of Trade Motivators

Below we list in detail the actual trades made, along with the netted returns achieved.

Table 2: Details of the trades

©HGH Associated Traders

Important: The analysis results presented in the "Best Trade" may differ from the outlook presented in the daily Market Commentaries. Results may also differ from the trading signals generated for Exchange Traded Funds (ETFs), or from any other research and analysis efforts shared with our members. These are products developed by independent research teams, delivered to MarketVolume® members. While sharing some research results, these autonomous research teams may use different systems and may have dissimilar market outlooks.