A Better Way (Last login to C2: 6/16/13 18:10)
C2 Score: 175
What is the C2 Score?
Collective2 rates every trading system creator in its database and assigns a score between 100 and 1000.
In general, a rating above 500 is good. A rating above 700 is excellent.
Collective2 Ratings are recalculated daily based on the entire performance history in our database. The exact formula we use is proprietary, but there are several key variables that go into the Collective2 Rating.
One of the most important factors is the length of time we have been able to observe the performance of the trader.
Another key factor is the amount by which the trader over-performs or under-performs the S&P 500 index.
Finally, the choppiness of the trader's results is taken into account. Certainly a more consistent system creator will be rated more highly than a system creator with erratic results.
Live brokerage trade data is available for this system. Show broker data?
Hypothetical Trading Results
Opened ET
B/S
#
Symbol
Price
Closed
Price
Risk
P/L
10/21/12 9:10
BUY
1,400
ISIS
ISIS PHARMACEUTICALS INC
12.00
1/20/13 9:21
12.00
Normal
($28)
11/9/12 9:49
SELL
14
ISIS1319A12
ISIS Jan13 12 call (exp 01/19/2013)
0.05
1/20/13 9:21
0.00
Normal
$57
10/1/12 9:30
BUY
55
HAL1319A40
HAL Jan13 40 call (exp 01/19/2013)
0.39
1/20/13 9:11
0.00
Normal
($2,192)
11/6/12 9:55
SELL
15
IAU1217W16
IAU Nov12 16 put (exp 11/17/2012)
0.10
11/18 9:34
0.00
n/a
$136
10/15/12 9:30
SELL
14
ISIS1220V12
ISIS Oct12 12 put (exp 10/20/2012)
1.00
10/21 9:10
0.00
Normal
$1,387
9/28/12 9:31
SELL
5
WFC1220V34
WFC Oct12 34 put (exp 10/20/2012)
0.53
10/21 9:08
0.00
Low
$260
10/1/12 9:30
SELL
30
S1220V5.5
S Oct12 5.50 put (exp 10/20/2012)
0.26
10/1 13:17
0.38
Low
($417)
8/27/12 15:20
SELL
4
FCX1222U35
FCX Sep12 35 put (exp 09/22/2012)
0.96
9/23 9:02
0.00
Low
$382
7/17/12 10:00
SELL
54
SVU1220V3
SVU Oct12 3 put (exp 10/20/2012)
1.15
9/10 9:50
0.85
Low
$1,517
6/11/12 10:06
SELL
8
CNX1220V24
CNX Oct12 24 put (exp 10/20/2012)
1.70
9/4 15:58
0.55
Low
$905
7/12/12 9:30
SELL
54
SVU1218T4
SVU Aug12 4 put (exp 08/18/2012)
1.00
7/30 15:18
1.85
Very
($4,693)
6/25/12 9:30
SELL
9
STX1221S22
STX Jul12 22 put (exp 07/21/2012)
0.88
7/22 9:03
0.00
Low
$783
How to see live brokerage trade data
Below, just click on any of the icons. This will pop up a window showing you who is trading this in a live brokerage account, at what trade size, and what prices the trader received. This will allow you to compare broker data to the hypothetical results you see below.
We collect premium from selling overpriced puts on high-quality, dividend-producing stocks. If assigned, we will then sell covered calls on these stocks until exercised. Then we will sell puts again and repeat the cycle. Trades may be closed prior to exercise if necessary. Stocks may be hedged with puts if necessary. We may on rare occasions use minimal capital to go long on calls. One to three opening trades per month with many positions expiring, keeps this system very affordable and easy to manually trade.
- This System Description text was submitted by the creator of this strategy. Collective2 verifies only trading signals and hypothetical trading results. We have not verified that this text above is an accurate system description. Remember there is a substantial risk of loss in trading. Past performance is not indicative of future results. Do not trade with money you cannot afford to lose.
This is a pay-for-performance system. Subscriptions cost $80 at the end of each
month, but only if the system has made profitable recommendations for the period.
To determine profitability, we do not look at your brokerage account, nor do
we take into consideration whether you actually placed the trades recommended here. We simply measure the system's hypothetical track
record here on the Collective2 Web site, without factoring fees or commissions. You will not be charged unless the sum of the trades during the period was profitable. (Also, we want to reassure you that a "month" means a full 30-day period. That is, you are billed only if
the last 30 days' worth of trade recommendations were profitable. So it's safe to subscribe at the end
of a calendar month; you'll still get 30 days' worth of trades.)
Sells puts and covered-calls at a premium. 1-3 trades per month. Easy to manually trade. While no system can guarantee risk-free or low-risk trading and while unforeseen events can cause you to lose all your money we do make an effort to control risk. read more...
- This text was submitted by the creator of this strategy. Collective2 verifies only trading signals and hypothetical trading results. We have not verified the Overview text above. Remember there is a substantial risk of loss in trading. Past performance is not indicative of future results. Do not trade with money you cannot afford to lose.