The Financial APP Group’s 8/28/2013 prediction was a Hit with SPY and the Call moving Up 0.5 points before it went down 0.5 points. The parameters were: SPY “Up” Option Equiv is: Buy “Call” for 20% profit/loss – use limit/stop on First Out of Money Option 1 week to expiration.
An independent judge gave a confidence ranking of 4 to Up and 2.75 to Down. Learn about Group 1ARV at: www.1arv.com
Here is the price movement, just for a fun educational example of how the Option Price indeed closely followed the trend of the underlying “stock,” in this case SPY 🙂
__________SPY ____________________ Sept 06, 2013 164 Call