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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

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From: expiredoptions	1/8/2013 12:27:35 PM
	of 220615

My trading system has me caught between a rock and a hard place. On the evening of Jan 2nd, its says to buy puts on Jan 3rd. On the evening of Jan 3rd, it says to buy calls on Jan 4th. (The evening of Jan 4th & 7th generated no signals at all.) Now I'm stuck with puts and calls open in both directions, but the market isn't moving far enough in either direction to allow the open Feb145 puts, or the open Feb147 calls to either hit there sell limit (SL), or stop (SP). I normally close a trade at the end of trade day 4 if no confirming signals occur on the 2nd or 3rd days of holding (like the open puts), but my gut tells me I should leave the puts open another day or two? Does anyone have any thoughts on holding these Feb 145 puts? Jeff JANUARY 2013: 01-02 FEB147C 1.21 1.86 2.19 1.72 2.16 2013..FEB145P 4.27 2.61 2.94 2.24 2.26 ............FEB146C 1.63 2.36 2.76 2.20 2.75 ............FEB146P 5.50 3.11 3.36 2.60 2.62 ............C8 C87 C5 CL2=UP CM25=L5........................CODE=A2 BUY 1: FEB145P B1=2.25 SL=(2.80) SP=(1.68)....... "PUT BUY 1 OPEN at 2.25" BUY 2: FEB146P B2=(1.88) SL=(2.71) SP=(1.68).......NO FILL 01-03 FEB147C 2.16 2.13 2.29 1.86 2.00 2013..FEB145P 2.26 2.27 2.56 2.07 2.46 ...........FEB146C 2.75 2.72 2.85 2.37 2.51 ...........FEB146P 2.62 2.61 2.99 2.44 2.77 ...........P35 P27 P5 PL1=No Trade PM25=L1..............CODE=A2 BUY 1: FEB147C B1=2.00 SL=(2.60) SP=(1.24)....... "CALL BUY 1 OPEN at 2.00" BUY 2: FEB146C B2=(1.81) SL=(2.61) SP=(1.61).......NO FILL 01-04 FEB147C 2.00 2.08 2.35 1.96 2.15 2013..FEB145P 2.46 2.23 2.32 1.90 2.09 ...........FEB146C 2.51 2.56 2.93 2.48 2.75 ...........FEB146P 2.77 2.62 2.73 2.26 2.49 ...........C87 C5 C9 CL3=No Trade CM25=L1...............CODE=NONE 01-07 FEB147C 2.15 1.94 1.97 1.73 1.88 2013..FEB145P 2.09 2.16 2.32 1.95 2.00 ...........FEB146C 2.75 2.55 2.55 2.22 2.40 ...........FEB146P 2.49 2.65 2.74 2.33 2.40 ...........P27 P5 P6 PL3=No Trade PM25=L2................CODE=NONE

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