SPY (S&P 500 Index Tracking Stock) - SPDRs - Spider - Options Trading and uncovered options

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Options Stock Trading

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Put Options - Put options (or "puts") give you the right, but not the obligation, to sell an underlying security at a specific price for a fixed period of time...

Trading Signals: Main Message

"Main Message" may consist of the following six types of messages - six types of signals that could be generated by our trading system. Note that an identical message will also be posted on our email-alert which are sent right after any of the signal is generated. Below we listed these signals:

"A New Signal was issued today." - indicates that a new signal was issued today.

"A New Suggested Exit was issued today." - indicates that our "Suggested Exit Price" was changed today for a current signal.

"A New Suggested Exit was issued today." - indicates that our "Suggested Stop-Loss Price" was changed today for a current signal.

"The Signal was cancelled." - indicates that a signal was cancelled because the signal life of the trade expired without a trade having taken place (see "Signal Life") or any other reason if the trade is still not opened according to "Suggested Entry Price"

"The position was opened today." - indicates that a trade was opened in accordance with our "Suggested Entry Price".

"The position was closed today." - indicates that a trade was closed in accordance with our "Suggested Exit Price".

Information Corner:

Buying a call option ("a call") gives you the right, but not the obligation, to purchase an underlying security at a predetermined price for a certain time period. Call options are available in various strikes and expiration dates...

OEX Options - OEX is the ticker symbol for the S&P 100 Index ("Standard and Poors S&P 100 Stock Index"). OEX options allow traders to speculate on the movement of the OEX...

Straddle Options Trading - A straddle may be bought when a trader expects a large market move but is unsure of its probable direction. The strategy is usually applied in a flat market when volatility is low...