Publications

1/27/14 Trade Alert: McMillan End of January

Put Credit Spread on S&P 500 ETF (NYSE: SPY) “Buy to Open” January (5th week) $172 Put and “Sell to Open” January (5th week) $177.50 Put Option Symbols: SPY140131P172 and SPY140131P177.5 Limit Order Price: Net credit of $1.05 or more ($105 per spread)–day order Directional View for Underlying Stock: Neutral to bullish Options for Income Portfolio: […]… Read More

1/23/14 Trade Alert: Rich Man, Poor Man Are Cured of Anemia

Please Note: Three Separate Trades 1. Put Credit Spread on Kohl’s Corp. (NYSE: KSS) “Buy to Open” March $45 Put and “Sell to Open” March $50 Put Option Symbols: KSS140322P45 and KSS140322P50 Limit Order Price: Net credit of $1.30 or more ($130 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More

OFI’s 1000-Day Portfolio Performance is Good and Why Cash is Not Trash

The OFI portfolio outperforms the S&P 500 yet again! With 2014 looking like a volatile year for the stock market, learn why cash is not trash but a valuable call option on investment opportunities. Cash is the “motor oil” that enables your investment engine to run smoothly in an uncertain and volatile world.
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1/17/14 Trade Alert: I Walk the Line

1. Vertical Roll on Linn Energy (Nasdaq: LINE) to April “Buy to Close” January $32 Put and “Buy to Open” April $25 Put and “Sell to Open” April $31 Put Option Symbols: LINE140118P32 and LINE140419P25 and LINE140419P31 Limit Order Price for Three-Legged Vertical Roll: Net credit of $1.00 or more ($100 per spread) — day […]… Read More

1/16/2014 Trade Alert: Chili Spiced Coating

Note: Three Separate Trades   1. Put Credit Spread on Sherwin-Williams (NYSE: SHW) “Buy to Open” March $180 Put and “Sell to Open” March $185 Put Option Symbols: SHW140322P180 and SHW140322P185 Limit Order Price: Net credit of $1.25 or more ($125 per spread) — good til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More

1/14/14 Trade Alert: Rolling a Volatility Extreme

Vertical Roll on ProShares Short VIX Short-Term Futures ETF (Nasdaq: SVXY) to February   “Buy to Close” January $135 Call and “Sell to Close” January $140 Call and “Buy to Open” February $148 Call and “Sell to Open” February $139 Call Option Symbols: SVXY140118C135 and SVXY140118C140 and SVXY140222C139 and SVXY140222C148 Limit Order Price for Four-Legged […]… Read More

1/9/14 Trade Alert: Prometheus Pays the Price

Please Note: Three Separate Trades 1. Put Credit Spread on Gilead Sciences (Nasdaq: GILD) “Buy to Open” March $60 Put and “Sell to Open” March $67.50 Put Option Symbols: GILD140322P60 and GILD140322P67.5 Limit Order Price: Net credit of $1.30 or more ($130 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly […]… Read More

1/2/14 Trade Alert: Farm to Table

Please Note: Two Separate Trades 1. Put Credit Spread on Buffalo Wild Wings (Nasdaq: BWLD) “Buy to Open” March $135 Put and “Sell to Open” March $140 Put Option Symbols: BWLD140322P135 and BWLD140322P140 Limit Order Price: Net credit of $1.50 or more ($150 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More

12/31/13 Trade Alert: Closeouts at Year End

Note: Two Separate Trades 1. Closing Out iShares Barclays 20+ Year Bond ETF (NYSE: TLT) “Buy to Close” January $110 Put and “Sell to Close” January $100 Put Option Symbols: TLT140118P100 and TLT140118P110 Limit Order Price: Net debit of $7.30 or less ($730 per spread) — good til canceled (GTC) Options for Income Portfolio: Downside […]… Read More

12/26/13 Trade Alert: Dick and Hal

Please Note: Three Separate Trades 1. Put Credit Spread on Dick’s Sporting Goods (NYSE: DKS) “Buy to Open” March $50 Put and “Sell to Open” March $55 Put Option Symbols: DKS140322P50 and DKS140322P55 Limit Order Price: Net credit of $1.05 or more ($105 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More