Publications

12/19/2013 Trade Alert: Tech & Teen

Note: Four Separate Trades   1. Put Credit Spread on IBM (NYSE: IBM) “Buy to Open” February $165 Put and “Sell to Open” February $170 Put Option Symbols: IBM140222P165 and IBM140222P170 Limit Order Price: Net credit of $1.15 or more ($115 per spread) — good til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More

12/18/13 Trade Alert: Accentuate the Positive

Vertical Roll on Accenture (NYSE: ACN) to February “Buy to Close” December $77.50 Put and “Sell to Close” December $67.50 Put and “Buy to Open” February $67.50 Put and “Sell to Open” February $77.50 Put Option Symbols: ACN131221P67.5 and ACN131221P77.5 and ACN140222P67.5 and ACN140222P77.5 Limit Order Price: Net credit of $0.15 or more ($15 per […]… Read More

12/13/13 Trade Alert: Goose Egg McRolls

Note: Two Separate Trades   1. Vertical Roll of McDonald’s (NYSE: MCD) to February “Buy to Close” December $97.50 Put and “Sell to Close” December $90 Put and “Buy to Open” February $87.50 Put and “Sell to Open” February $97.50 Put Option Symbols: MCD131221P90 and MCD131221P97.5 and MCD140222P87.5 and MCD140222P97.5 Limit Order Price: Net credit […]… Read More

12/12/13 Trade Alert: Energetic Traveler

Note: Five Separate Trades   1. Put Credit Spread on Noble Energy (NYSE: NBL) “Buy to Open” February $60 Put and “Sell to Open” February $65 Put Option Symbols: NBL140222P60 and NBL140222P65 Limit Order Price: Net credit of $1.15 or more ($115 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly […]… Read More

Flash Alert: New Seasonality Software Application on OFI

To the OFI Community: I have an exciting announcement. Thanks to the hard work and creative genius of OFI member Budd, we now have access to an incredibly-useful seasonality application. It is available for download from the OFI website under “Resources” on the OFI main page (bottom-left corner or under the Resources tab near the […]… Read More

10-Year Stock Seasonality Navigator

This software application focuses on the seasonality component of stock selection. It quantifies seasonal price increases by examining a stock’s 10-year price history between a start date and the nearest six option expiration dates — and isolating those stocks that have historically exhibited the most consistent one-way price direction during the calendar time period selected. […]… Read More

12/5/13 Trade Alert: Upstream, Downstream

Please Note: Three Separate Trades   1. Put Credit Spread on Hess (NYSE: HES) “Buy to Open” February $72.50 Put and “Sell to Open” February $77.50 Put Option Symbols: HES140222P72.5 and HES140222P77.5 Limit Order Price: Net credit of $1.05 or more ($105 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly […]… Read More

11/27/13 Trade Alert: Smoke that Pipe

Please Note: Five Separate Trades 1. Put Credit Spread on Sunoco Logistics Partners (NYSE: SXL) “Buy to Open” February $65 Put and “Sell to Open” February $70 Put Option Symbols: SXL140222P65 and SXL140222P70 Limit Order Price: Net credit of $1.70 or more ($170 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More

11/26/13 Market Briefing: Forget Weekly Options, the Sweet Spot for Time-Value Decay is 45 Days

Selling weekly options entices many traders because the rate of time-value decay is extremely fast and the income received is free-and-clear after expiration. But this fact says nothing about the weekly strategy’s overall profitability, nor does it take into account the increased risk from gamma.
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11/21/13 Trade Alert: Oily Prescription

Note: Three Separate Trades 1. Put Credit Spread on Occidental Petroleum (NYSE: OXY) “Buy to Open” February $87.50 Put and “Sell to Open” February $95 Put Option Symbols: OXY140222P87.5 and OXY140222P95 Limit Order Price: Net credit of $2.20 or more ($220 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly bullish […]… Read More