O.K. here's a test question for you. How would you trade if everyone was virtually net short or net long a commodity. I actually had this happen once and made a poor man's fortune in a very short amount of time.
I am enjoying your analysis and will have to watch it for awhile. I learned about COT back in '99 from a Larry Williams' course , but have found them to be more difficult to use in recent years.
So if you buy an at the money $570 call and AAPL goes to $575, you can sell a $580 for $1,000. If AAPL hits $580 at option expiration, you make an additional $1,000+$1,000 for the option sold.
Bought calls. When you buy an option (call or put), let's say for a $1,000 and the stock goes up in price you can sell an out of the money option for $1,000.
Yeah, I have a few naked calls. I plan on selling some out of the money calls for a free trade. I have been trading a long time and my bear market signal has not given a sell signal yet. I don't know of anyone using it because I designed it myself. It is pretty accurate and very simple.