|
The trades below were
those used in backtesting this option selling system in the year
2001 when the QQQQ stock (exchange traded fund) declined by some 50%
at its lowest point in the ten months from February to December.
Capitalization utilized for this exercise was $12,000. At the end of
the ten month period, the final value of the original capital
appreciated to a highly rewarding sum of $17,850 for a ten month
yield of 48.8%. All positions were closed at the end of the
backtesting period. |
|
DATE |
Buy |
Open |
Option
Type |
NET |
|
Sell |
Close |
DOLLARS |
|
2/17/2001 |
s |
o |
calls |
1,900.00 |
|
2/17/2001 |
s |
o |
puts |
1,400.00 |
|
2/22/2001 |
b |
o |
calls |
-525 |
|
2/22/2001 |
b |
c |
puts |
-2,950.00 |
|
2/22/2001 |
s |
o |
puts |
2,760.00 |
|
3/6/2001 |
b |
c |
calls |
-100 |
|
3/6/2001 |
s |
c |
calls |
75 |
|
3/6/2001 |
s |
o |
calls |
2,000.00 |
|
3/9/2001 |
b |
o |
calls |
-550 |
|
3/12/2001 |
b |
c |
puts |
-4,920.00 |
|
3/12/2001 |
s |
o |
puts |
2,100.00 |
|
4/3/2001 |
b |
c |
puts |
-3,720.00 |
|
4/3/2001 |
s |
o |
puts |
3,100.00 |
|
4/22/2001 |
b |
c |
puts |
-1,000.00 |
|
4/22/2001 |
s |
o |
puts |
2,400.00 |
|
4/22/2001 |
s |
o |
calls |
1,500.00 |
|
4/26/2001 |
b |
o |
calls |
-350 |
|
5/21/2001 |
s |
o |
calls |
1,200.00 |
|
5/21/2001 |
b |
o |
puts |
-375 |
|
5/29/2001 |
b |
o |
calls |
-200 |
|
6/15/2001 |
b |
c |
puts |
-2,100.00 |
|
6/15/2001 |
s |
o |
puts |
2,440.00 |
|
6/15/2001 |
s |
c |
puts |
1,950.00 |
|
6/21/2001 |
s |
o |
calls |
1,620.00 |
|
6/28/2001 |
b |
c |
puts |
-1,120.00 |
|
6/28/2001 |
s |
o |
puts |
1,260.00 |
|
7/23/2001 |
b |
o |
calls |
-315 |
|
7/23/2001 |
b |
c |
puts |
-2,520.00 |
|
7/23/2001 |
s |
o |
puts |
2,790.00 |
|
8/30/2001 |
b |
c |
puts |
-1,320.00 |
|
8/30/2001 |
s |
o |
puts |
1,100.00 |
|
9/7/2001 |
b |
c |
puts |
-1,800.00 |
|
9/7/2001 |
s |
o |
puts |
1,250.00 |
|
9/18/2001 |
b |
c |
puts |
-3,800.00 |
|
9/18/2001 |
s |
o |
puts |
2,900.00 |
|
9/21/2001 |
b |
o |
calls |
-740 |
|
10/10/2001 |
s |
o |
calls |
1,840.00 |
|
10/26/2001 |
b |
c |
puts |
-400 |
|
10/26/2001 |
b |
c |
calls |
-3,360.00 |
|
10/26/2001 |
b |
o |
puts |
-250 |
|
12/20/2001 |
s |
c |
calls |
2,680.00 |
|
|
|
|
|
|
|
|
Net Gain For The Period |
$5,850.00
|
|