Tuesday, July 12, 2011

SPY from 135 handle to 131 in a heartbeat

Starting from June 28, overbought situation in SPY as "described" by new Option Wizard® Simplified Options Strategy (SOS) Backtester.

The "red lights" were "on":

94 22 286 Tue-28-Jun-11 129.61
96 41 314 Wed-29-Jun-11 130.72
96 66 352 Thu-30-Jun-11 131.97
98 90 432 Fri-1-Jul-11 133.92
95 97 479 Tue-5-Jul-11 133.81
96 97 481 Wed-6-Jul-11 133.97
93 97 478 Thu-7-Jul-11 135.36
67 93 449 Fri-8-Jul-11 134.4
8 81 359 Mon-11-Jul-11 131.97

Friday, July 1, 2011

Backtesting Options Strategies

Our feature appears in July issue, TECHNICAL ANALYSIS OF STOCKS AND COMMODITIES. Page 38-41. Available at newsstands or traders.com.