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FAQs:
Suggested Entry and Trade Entry Prices
Suggested Entry Price.
At the time a signal is issued, we
state a "Suggested Entry Price". When an option trades at or below
that price, we buy it. If you follow our signals, you can either buy
with us, or you can wait for a lower price to open a trade. It all
depends on your own risk tolerance.
Once we issue a "Suggested Entry Price", we do not change it under
any circumstances since any changes would also require a change to
our "Suggested Exit Price", altering the signal completely.
If our analysis shows that it
should be changed, we will cancel it and issue a new signal.
We will notify all our members
about such changes by e-mail and post the new "Signal" on the
current signal page.
Question: Can I use your signals to
trade options with expiration dates that differ from the one you
suggest?
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Yes, you can. You may choose to
trade options with a later expiry date (thereby reducing your risk,
but potentially also lowering your return), or you may decide to
choose options with an earlier expiration date (which will increase
the trading risk, but also your potential profits). In this case to
follow our signal you have to change "Suggested Entry Price". There
is no exact formula on how to calculate it since options with
different expiry dates have different volatilities.
Important:
Trade Entry Price.
The entry price is defined as the
actual price of an option at the moment a trade is opened.
The entry price is usually equal to
the "Suggested Entry Price". It could, however, be substantially
lower when a trade is opened when the market opens significantly
below the "Suggested Entry Price".
Our reliable market
timing system is proven and easy to use!
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