| In the
table below, the percent growth figure does not represent a compounded
rate of return; it is a summary return. We do not calculate compounded
rates of return simply because we do not encourage continual reinvestment of
gains back into options. Options are risky and such a decision is completely
in the hands of each individual investor and his/her needs and risk
tolerance. A general rule of thumb is that options trading should represent
no more than 10% of a portfolio. The key to the
following table is not that every trade was profitable, but
that on the whole there were more profitable trades than
negative ones. |
|
YTD |
 |
 |
|
697%
|
-4%
|
|
Uncovered SPY Options
Signals |
SPY
Buy & Hold |
|
|
as of
5/13/2008 |
|