Publications

PODD, MU, QTWO, DGX, TMUS: August Rolls Part 2 of 4

August expiration roll continuation. … Read More

ACN, ADBE, APH, BRK.B: August Rolls Part 1 of 4

Four rolls to begin August expiration. … Read More

SO: Time to Shine

Electric utilities outperform the S&P 500 during the month of September, so I’m giving this blue-chip utility the extra time it needs to shine…. Read More

ALB, KEYS: Unlocking White Gold

A lithium-price recovery tied to rebounding electric vehicle and grid-storage battery demand and a surging AI-infrastructure buildout tied to data-center capex are two distinct secular tailwinds hitting an inflection point at the same time, making bullish positioning in lithium miners and semiconductor test-equipment makers well-timed right now…. Read More

AMGN, KR, MA: Super Bio Charge

A biotech maker facing accelerating patent-cliff erosion on legacy blockbusters and fresh regulatory/safety scrutiny, a mega-cap payments network absorbing a manageable legal overhang, and a grocery retailer whose margin-driven earnings “miss” masks improving traffic and e-commerce profitability…. Read More

BIDU, XOM: Searching for Gas Money

Markets head into the week with **the health of the U.S. consumer taking center stage**, as several of the country’s largest retailers report quarterly results. Home Depot reports Tuesday, followed by Lowe’s, Target, and TJX on Wednesday, while Walmart and Ross Stores report Thursday, providing investors with fresh insight into household spending, value-seeking behavior, and the housing-related consumer. Wednesday also brings the **Federal Reserve’s minutes from its July 28–29 meeting**, which could shed additional light on policymakers’ views regarding inflation, economic growth, and the future path of interest rates. The economic calendar is otherwise relatively light, although **July housing starts and building permits** arrive Tuesday and will offer another look at conditions in the housing market. With fewer major economic releases competing for attention, retail earnings and the Fed minutes could have an outsized influence on sentiment as investors assess whether consumers and the broader economy remain resilient heading into the final stretch of summer…. Read More

CTAS: Early Dividend and Rolling Late

An ex-dividend date has resulted in an early assignment, which in turn necessitates an early roll…. Read More

NEE, PG, ROST: Lonesome Losers

Three rolls and one expiring double-your-money winner: TMUS (100.0%)… Read More

PEP: Not Enough Fizz

PepsiCo is a slow-grower, but we’ve generated credits on every roll and the final result should be satisfying once the stock moves up a bit…. Read More

DIS, EXE: Fairy Tales and Furnaces

Strong heating demand for natural gas during the winter months should boost this natural gas producer and soft consumer demand in Asia during the fall should hurt revenues at this entertainment company…. Read More