Once again a Friday's close has generated a slew of new trading signals for Monday morning. This time six signals in total, 3 Longs and 3 Shorts. As an aside, in going through my charts after the close I was taken by the number of stocks closing at or near their lows of the day occurring in both the one-day and two-day charts. Of the 30 trades that expired at September expiration on Friday, 20 reached 100% or better profits between the day of the signal and expiration. That's two out of every three trades reaching triple digits. A few may have been stopped first by an inopportune 60% stop being hit, but offsetting those few premature hits were losers that lost only 60% instead of 100% as was happening without stops at all. Tinkering is a part of system development, but the end result is always worth the effort. New Trades Take all or any combination taking into consideration the size of your account as well as the number of October expiration trades still open. ------------------- Sell Signals - Puts FB: Nov $160p INTC: Nov $47p MU: Nov $44p ------------------- Buy Signals - Calls VZ: Oct 52.50c IYR: Nov $82c PYPL: Nov $90c ------------------- TRADES TABLE The trades table below includes a new column representing the price of the option at expiration. It is the third from last column on the right. This is the price of the option at the close of trading at Friday expiration.
