How to Win at OEX Index and Stock Options

By: readtheticker | Sun, Apr 10, 2011
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The OEX options market is a place where fortunes can be won and lost. We have paid for many option services over the years that have not resulted our success. We had to DYI (do it yourself), so we did. The trick with options trading, is of course timing, and you better be good at it. Here is a watered down strategy we use to 'pay the mortgage' trading OEX options. Option trading is not for newbie option trading gladiators. Newbies are slaughtered before breakfast in this arena.

Spec's for this chart.
Direction Bias: LONG
RTT Market Pulse: 28 periods (Long signals only ie Blue, shorts turned off)
Hurst Cycle: 34 periods
Chart Type: Cycle Chart

This site also uses Wyckoff and Gann tools for overall market trend and market health determination.

There is at least 9 out 11 winners in this chart. Stop loss would be via our Trailing stop tool set at a 3% max loss. You are welcome to join our membership (when we go live).

Risk Disclaimer: All trading is at your own risk.

S&P 100 Index

 


 

readtheticker

Author: readtheticker

readtheticker
www.readtheticker.com/
www.readtheticker.com/Pages/Blog1.aspx

We are financial market enthusiasts using methods expressed by the Gann, Hurst and Wyckoff with a few of our own proprietary tools. Readtheticker.com provides online stock and index charts with commentary. We are not brokers, bankers, financial planners, hedge fund traders or investment advisors, we are private investors.

LEGAL DISCLAIMER: The material is presented for educational purposes only and may contain errors or omissions and are subject to change without notice. Readtheticker.com (or 'RTT') members and or associates are NOT responsible for any actions you may take on any comments, advice,annotations or advertisement presented in this content. This material is not presented to be a recommendation to buy or sell any financial instrument (including but not limited to stocks, forex, options, bonds or futures, on any exchange in the world) or as 'investment advice'. Readtheticker.com members may have a position in any company or security mentioned herein.

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