• Alert Example

• Auto-Trading

• Email Alerts

• Trading System

• Our Signals
  • Signal Updates
  • Suggested Entry
  • Suggested Exit
  • Suggested Stop
  • Execute Period
  • Open Trade
  • Close Trade
  • Canceled Signal
  • Alternative Options
  • Stop-Loss System
  • Signal's Publish

• FAQs
  • Fast Answers
  • Selling Short Calls
  • Selling Short Puts
  • Why sell Options

Suggested Exit Price

When our system generates signals, we do not issue a signal to enter a position right away (to place market order to open a trade), instead, we indicate suggested entry price (for limit order) at which a position should be initiated. At the moment when a new signal is published, the "Suggested Exit" price is stated as well. Our signals are always have "Suggested Exit"  price. Furthermore, a trader who made the decision to follow our trading system may may place a limit order to close a position right after this position was initiated.

When a short QQQ or SPY option contracts are traded at or below the stated "Suggested Exit" price, we buy these options contracts back in order to cover the short position.

Depending on the market situation and technical indicators, we may change a "Suggested Exit" price after a trading position has been initiated. If at the moment when a new signal is generated we state exact "Suggested Exit" price, after a trade was opened, we may move the "Suggested Exit" price higher or lower depending whether we want to close the position or stay longer in it. At the same time we may change the "Suggested Exit" price to the "close at the market price" if by any reason we consider a short options position should be covered (closed) immediately.

As an example, in case the market moves against our uncovered option signal, we may move the exit price up in order to reduce losses. In the same way, when the market continues to move in favor of our signal, we may move our "Suggested Exit" price lower in order to stay longer in a trade and increase profits.

In case there are any changes in the Suggested Exit" price occurred, we send out email alerts immediately thereafter, and we also post the new "Suggested Exit Price" on the members' signal page.

Important: When closing a short trade, should a trader always follow your "Suggested Exit" price?

If a trader has set autotrading then his/her position will be closed at our "Suggested Exit" price. If not, a trader always has a choice to select an exit price that better suits his/her personal risk tolerance and his/her personal trading strategy. Many traders follow other technical indicators in parallel to our trading system and a trader may decide to choose a lower exit price (even we are closing trade), thereby increasing the probability of achieving larger profits.