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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 690.270.0%Dec 26 4:00 PM EST

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To: GROUND ZERO™ who wrote (45231)2/4/2013 2:58:21 PM
From: expiredoptions  Read Replies (3) of 220776
 
GZ, my goodness, you were .0005 of 1% off! That's amazing accuracy and so is your
Model saying Feb 6 could be a change.
This new model directional change signal coming up will be my first option trade with your model signals.
(this won't affect my normal program trades)
I am going lightly with the following Option Management Plan:
A: "Initially" run a +25% profit goal and -40% stop.
but if it tanks before going profitable, I will then enter a
Buy 2 at -28% under Buy 1.
Stop at B1 -40%.
B: If the options make it to +25%, my stop will be moved to breakeven.
C: If the options make it to +50%, my stop will be +25%.
E: If the options make it to +75%, my stop will be moved to +50%.
F: If the options make it to +100%, I will "sell all," lock in the profits and roll up further Out of the Money and start over again with Step A.

If at any time your Model signal direction changes, I will sell all immediately.
Also, if a Buy No. 2 is acquired in Step A, all profit percentages and trailing stops will be measured off of
Buy No. 2.

Jeff
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