Types of Trading Signals

During trading hours, our system automatically generates trading signals that may be published on the site as trade triggers ("Sell Short Puts" or "Sell Short Calls"). After the market close, the system collects the newest market data which is then reviewed by our analysts. They may then alter existing signals (such as our "Suggested Exit Price"). New signals may also be issued based on our analysts' work.

Our signals may be updated at any time during trading hours (email-alerts are issued immediately thereafter); in addition, we update them daily by 8:45 PM EST.

• When we publish a "Sell Short Calls" signal, this means we will be selling short call options when the price of options trades at or above the "Suggested Entry Price".
• When we publish a "Sell Short Puts" signal, this means we will be selling short put options when the price of options trades at or above the "Suggested Entry Price".
• We do not issue signals to indicate when a sold short option should be covered (bought back). Instead, at the time a signal is issued, we state a "Suggested Exit Price" When an option trades at or below that price, we cover our short sale (buying back previously sold options contracts).

Important:

• Signal Life - A signal is cancelled when no trade has occurred within specified timeframe of issuing the signal.
• After a trade has been opened, we may issue a new "Suggested exit price"; this price may either be higher or lower than the original exit price. We do this under the following circumstances: (a) in order to reduce losses, if the market is going against us, or (b) to increase profits, if the market continues strongly in our favor.