I've developed a stock trading system based around the works by William J. O'Neil. By using a modified screening technique and applying the original concept on weekly charts, I am able to identify some 'good' Cups and Cups & Handles breakouts. These screened stocks often climb 10 to 50% in a matter of weeks, but can also fall just as fast. I am thinking to use options as my trading vehicle to trade this system. It is because I want to avoid the gap down scenario that happened to the above mentioned stocks (options buyer has limited risks). I am hoping you guys can help me to choose the right option strategies by looking at the stats below: No of Closed Trades: 27 No of Winning Trades: 14 No of Losing Trades: 13 Average Win: 22.32% Average Loss: 8.18% Ave Weeks per Winning Trade: 4.86 Ave Weeks per Losing Trade: 3.38 Many thanks!