SPY option Trading

Our system is proven by time. That is why our signals are autotraded by the major online option brokers.

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SPY Uncovered Options Trading System

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Suggested Entry Price


When our trading system generates signal and we publish a signal on the web site (and send alerts out) we state in our signal a "Suggested Entry" price.

In our trading signal "Suggested Entry" price can be an exact price leve (i.e., to be executed as a limit order), or it can state an "at the market price" (i.e., to be executed as a market order).

When option contacts are traded at or above the "Suggested Entry" price stated in our signal, we hypothetically sell short the particular option contracts. When such vent concurs we issue a confirmation email alert where we indicate that short options position was initiated.

In case when the "Suggested Entry" price in a signal states "sell short at the market price", we will sell the option right after a signal was generated:

In opposite to the "Suggested Exit" and "Suggested Stop-Loss" prices, once a new signal is generated and a "Suggested Entry" price is set, we do not change it under any circumstances as it would require adjusting "Suggested Exit" price and other signal's parameters which would be considered as totally new trading signal. Therefore, in case when a trade is still not initiated in accordance with a previously issued signal and when based on the new market analysis results we consider to change "Suggested Entry" price, we cancel not initiated signal and we issue a new signal with new "Suggested Entry" price. In such event we notify all our sbscribers by e-mail and post the new "Signal" on our web-site members' area as well.

Question: Can I your signals be used to trade options with different expiration dates?

If a trader set autotrading then only specified in a signal options contract with specified expiration could be used. If a trader does not autotrade our signal, he/she has a choice to select expiration that may differ from the one stated in our signal. By selecting options with later expiration date you may receive higher premium for sold short options contracts, yet, you have to remember that margin requirements will be higher as well. Conversely, if a trader makes a decition to trade an option that has an earlier expiration date than he/she will receive smaller premium, yet, margin requirements will be lower.
DISCLAIMER: THIS INFORMATION IS INTENDED FOR EDUCATIONAL PURPOSES ONLY AND DOES NOT CONSTITUTE ANY FINANCIAL ADVICE. RISK IS INVOLVED IN ALL STYLES OF MONEY MANAGEMENT.
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Risk Statement: Naked options trading is very risky and many people lose money on the stock market.


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02/04/2012 - SV1n
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