The Sage's Index Option Trading Program

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Strategies & Market Trends
The Sage's Index Option Trading Program

An SI Board Since June 1997

Posts	SubjectMarks	Bans
14	0	0

Emcee: The Sage	Type: Unmoderated

Introduction Compact

Here's an Index Trading that should do you well.

Rules-- ( Everything in life seems to start out with rules.)

1. Use this thread --only-- for watching the signals.
Use "Comments on The Sages Index Option Trading Program" to discuss whatever you'd like.

2. Signals will be given a day or two ahead of time.
(Being a Sage, I should be able to predict the changes, eh ?)

3. When the signal is given, it will come in this form: "Go Short near the opening Tuesday, October 3rd."

4. On the signal day, buy the put or call of either the SPX or the OEX within the first 15minutes of the trading day.

5. At the next signal, sell your present position and enter the new one.

6. Sometimes the signal will hold over a month or more. Roll your positon over on the Friday of the second week of the expiration month.

To keep track of the positions and the trading record, I'll use this thread only for the purpose of trading signals. Since some of the trades are long, I'll give a weekly update.

Go to reply# or date (mm/dd/yy):

Reply	Message Preview	From	Recs	Posted
14	Continue to hold long through Monday	The Sage	-	7/2/1997
13	Continue to hold long position through Wednesday. Long position is somewhat st	The Sage	-	6/30/1997
12	Summary Week Ending June 27. Date Action Price Valu	The Sage	-	6/28/1997
11	Hold fast to the long position. This should be just a minor correction.	The Sage	-	6/24/1997
10	Sage - Stop over at Avid Trader's chat line (free) and tell us about your s	Chris Baker	-	6/21/1997
9	Summary Week Ending June 20. Date Action Price Valu	The Sage	-	6/21/1997
8	June 20 - Continue to hold long thru Tues The long positions are weakening, bu	The Sage	-	6/20/1997
7	Check for the reply on the "Comments on the Sage's Trading Program&quo	The Sage	-	6/19/1997
6	Sage at what point do we look at the short side!	T.A.MORGAN	-	6/19/1997
5	Hi Ed... Thanks for the encouragement. I've set up a separate thread &q	The Sage	-	6/15/1997
4	Sage...Keep up the good work...Glad to see someone making an OEX BB..	Ed Pittman	-	6/15/1997
3	Summary Week Ending June 13. Date Action Price Valu	The Sage	-	6/14/1997
2	Closed OEX Jun 830 c Opened OEX Jul 860 c @ 24 Cost $2,400	The Sage	-	6/13/1997
1	IF YOU ARE IN THE MARKETat present, HOLD LONG any present index option. At a	The Sage	-	6/13/1997

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