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CGTS OPTIONS CORNER: DAILY TRADING SIGNALS

CGTS DAILY TRADING SIGNALS
For 28 February 2011, Tuesday

We've cut back on the number of trading systems we're using to try to simplify our work.


  CGTS OPTIONS TRADING (Since 12/20/2010)  
% Gain 02/28/11 Profit Trades  
165.18% Option Trades $330,362.33 20 28469.5
  DAILY TRADES PLUS      
         
35.60% M5 3 ASP LT 2a $99,670.10 28 280000
163.06% M2F 14% Trade $179,365.36 11 110000
163.89% M4 ACCUM 00 14 $196,663.60 12 120000
197.79% M2F AVG ALT DIFF ASP $118,675.50 6 60000
205.52% MJC M2F M53 Combo $102,758.00 5 50000
158.35% M5 3 Avg Diff ASP Sum $79,173.70 5 50000
         
655.95% CHART METER TR 1/11 B $196,783.73 3 30000
0.01% CM DIFF ASP NEW $1.00 1 10000
         
19.49% M2F ALT Tweek #2 2/11 $7,794.50 4 40000
188.90% MJCF Close Medium 2 (3) $113,339.10 6 60000
         
50.53% CM ASP UP2 $5,053.00 1 10000
24.63% T5SS/CM ASP Swift Tr 2 $7,389.00 3 30000
         
Option Portfolio prices updated weekly.    
         
         
02/28/11 CURRENCY      
  MONDAY      
         
USDCHF M4 Rev 3 0.9304 SHORT  
CNYCHF M4 Rev 3 0.1416 SHORT  
USDINR M2F TWEEK 45.275 SHORT  
USDBRL CM Close Midpoint 1.657 SHORT  
         
  STOCK OPTIONS      
02/28/11 MONDAY      
         
VIVUS M2F ALT Tweek 2/11 7.61 SHORT  
         
XOM M2F ALT Tweek 2/11 85.53 LONG  
02/28/11 XOM March 85 calls 1.19 LONG  
USSIF.PK M2F ALT Tweek 2/11 0.613 LONG  
UNH M2F ALT Tweek 2/11 42.58 LONG  
02/28/11 UNH March 38 calls 4.67 LONG  
TSLA M2F ALT Tweek 2/11 23.89 SHORT  
02/28/11 TSLAMarch 25 puts 1.85 SHORT  
BCRX M2F ALT Tweek 2/11 4.34 SHORT  
DSX M2F ALT Tweek 2/11 12.46 SHORT  
02/28/11 DSX March 13 puts 0.8 SHORT  
MITI M2F ALT Tweek 2/11 6.23 SHORT  
02/28/11 MITI March 7.5 puts 1.5 SHORT  
DANG < M2F ALT Tweek 2/11 25.45 SHORT  
         
EPP M5 3 ASP LT 2a 47.23 LONG  
UDN M5 3 ASP LT 2a 27.79 LONG  
02/28/11 UDN March 25 calls 2.75 LONG  
SLG < M5 3 ASP LT 2a 75.73 LONG  
02/28/11 SLG March 75 calls 1.7 LONG  
PLND M5 3 ASP LT 2a 27.7 LONG  
FIO ** M5 3 ASP LT 2a 28.814 LONG  
UTY M5 3 ASP LT 2a 428.7 LONG  
HSI M5 3 ASP LT 2a 23265.15 LONG  
UUP M5 3 ASP LT 2a 22.09 SHORT  
02/28/11 MARCH 23 PUTS 0.91 SHORT  
EFZ ** M5 3 ASP LT 2a 47.14 SHORT  
         
MA M2F 14% Trade 240.56 LONG  
HOT M2F 14% Trade 61.1 LONG  
02/28/11 HOT March 62.5 calls 1.28 LONG  
FSLR M2F 14% Trade 147.39 LONG  
CRM M2F 14% Trade 132.27 LONG  
YGE M2F 14% Trade 11.54 LONG  
BDX-PD M2F 14% Trade 25.78 LONG  
         
TYX ** M4 ACCUM 00 14 4.49 LONG  
ACN M4 ACCUM 00 14 51.48 LONG  
02/28/11 ACN March 50 calls 1.95 LONG  
FXM M4 ACCUM 00 14 82.69 LONG  
CEW M4 ACCUM 00 14 22.39 LONG  
AEM M4 ACCUM 00 14 70.35 LONG  
02/28/11 AEM March 70 calls 2.31 LONG  
         
FMCN MJCF Close Medium 2 (3) 26.52 LONG  
02/28/11 FMCN March 25 calls 2.07 LONG  
VPRT MJCF Close Medium 2 (3) 51.21 LONG  
02/28/11 VPRT March 52.5 calls 1 LONG  
SLM MJCF Close Medium 2 (3) 14.82 LONG  
02/28/11 SLM March 13 calls 1.95 LONG  
TWM MJCF Close Medium 2 (3) 44.54 SHORT  
SDD MJCF Close Medium 2 (3) 49.24 LONG  
         
TYX MJC M2F M53 Combo 4.49 LONG  
02/28/11 TBT Feb 35 calls 2.76 LONG  
         
KRE ChartMeter Diff ASP New 26.7 LONG  
02/28/11 MARCH 25 CALLS 1.85 LONG  
LD ChartMeter Diff ASP New 64.14 LONG  
SBUX ChartMeter Diff ASP New 32.98 LONG  
02/28/11 SBUX MARCH 33 CALLS 0.78 LONG  
PLND ChartMeter Diff ASP New 27.7 LONG  
ENDP ChartMeter Diff ASP New 35.52 LONG  
02/28/11 ENDP MARCH 35 CALLS 1.25 LONG  
MMM ChartMeter Diff ASP New 92.23 LONG  
02/28/11 MMM MARCH 85 CALLS 7.42 LONG  
PFE ChartMeter Diff ASP New 19.24 LONG  
02/28/11 PFE MARCH 17 CALLS 2.27 LONG  
DRG ChartMeter Diff ASP New 307.367 LONG  
CYB ChartMeter Diff ASP New 25.37 LONG  
02/28/11 CYB MARCH 25 CALLS 0.45 LONG  
JNJ ChartMeter Diff ASP New 61.44 LONG  
SDP ChartMeter Diff ASP New 15.29 SHORT  
         
AXP M5 3 Avg Diff ASP Sum 43.57 LONG  
02/28/11 AXP March 45 calls 0.47 LONG  
MSI M5 3 Avg Diff ASP Sum 38.64 LONG  
02/28/11 MSI March 40 calls 0.35 LONG  
FDX M5 3 Avg Diff ASP Sum 90.02 LONG  
02/28/11 FDX March 95 calls 0.73 LONG  
BBL M5 3 Avg Diff ASP Sum 79.31 LONG  
02/28/11 BBL MARCH 75 CALLS 4.3 LONG  
         
UTY CM ASP UP2 428.7 LONG  
         
XIDE T5SS/CM ASP Swift Tr 2 11.9 LONG  
SSL T5SS/CM ASP Swift Tr 2 54.87 LONG  
02/28/11 SSL  MARCH 50 CALLS 5.41 LONG  
UDN T5SS/CM ASP Swift Tr 2 27.79 LONG  
02/28/11 UDN MARCH 25 CALLS 2.75 LONG  
TNP T5SS/CM ASP Swift Tr 2 9.82 SHORT  
02/28/11 TNP MARCH 10 PUTS 0.5 SHORT  
GMR T5SS/CM ASP Swift Tr 2 2.8 SHORT  
QID T5SS/CM ASP Swift Tr 2 51.05 SHORT  
Click to enlarge



A Disclaimer of sorts:
 
I will update these positions regularly, so we can all see how we are doing with our short-term speculating.
 
I am bullish on gold long-term (until Bernanke is fired, and more generally until about 2019, the end of the deflation cycle) -- and I'm relatively bullish on stocks until QE is abandoned.  QE does many things, one of which is to try to make sure that stocks and bonds don't decline.  The Fed, quite likely, has guaranteed to bankers the advance of stock prices.  As long as the Fed is willing and is allowed to backstop stock prices, short positions are very dangerous, except in isolated cases.  Bond vigilantes are showing Mr. Benanke that his designs may not be able to proceed without resistance however.  Rising rates are a slap in the face of American power; the slap is welcomed by those of us who think debt is the problem that needs to be addressed, destroyed, rather than expanded and extended.
 
Trading options is highly speculative and can be dangerous.  Pricing of options is never very clear; buying options is almost always less prefereable than selling options, in terms of likely profits.  But buying options gives an investor a HUGE BANG FOR THE BUCK.  Getting accurate price data on options (especially those thinly-traded) is also often a problem, with which we'll have to work.  Typically we work with the last close, if it falls between bid and offer.  If it does not, then we average the bid/offer.
 
If one knows what direction a stock is moving, short-term options can be profitable.  The problem with options, of course, is that they, like ourselves, decay with time.
 
The cheaper options expire more quickly (one can always buy long-term options is one wishes to speculate on long-term stock or market moves).  I like short-term expirations, cheap options, and getting in and out (with profits).
 
I have many short-term trading systems.  I will use several in this Options Corner.  The first I start with I call "M5 3 Chart Trade" which really relies on the M5 3 Momentum Indicator to trigger the trade, always in the same direction of the major trends.
 
Successful trading!  We know the game is fixed; but let's ride on the back of the dragon for as long as we can.
 
More information on the CGTS systems can be found at:
home.mindspring.com/~mclark7/CGTS09.htm
 
MICHAEL J CLARK
Clark's Gate Timing System
Hanoi, Vietnam
84 4 221 92210