Publications

10/17/14 Trade Alert: Closing AAP

Closing OutAdvance Auto Parts (NYSE: AAP) “Buy to Close” October $130 Call Option Symbol: AAP141018C130 Order Price: Market order  at 3:59 Eastern Time Options for Income Portfolio: Downside Protection Hedges Tell your broker: I want to buy to close the October $130 call on Advance Auto Parts (AAP)  as a market order. Place the order at 3:59 PM Eastern […]… Read More

10/16/14 Trade Alert: Six-Time Winner Not Much of a Gamble

Note: Two Separate Trades 1. Put Credit Spread on Procter & Gamble (NYSE: PG) “Buy to Open” December $77.5 Put and “Sell to Open” December $82.5 Put Option Symbols: PG141220P77.5 and PG141220P82.5 Limit Order Price: Net credit of $1.45 or more ($145 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More

10/15/14 Trade Alert: Pre-Earnings Roll

 Vertical Roll on W.W. Grainger (NYSE: GWW) to January “Buy to Close” October $250 Put and “Sell to Close” October $230 Put and “Buy to Open” January $230 Put and “Sell to Open” January $250 Put Option Symbols: GWW141018P230 and GWW141018P250 and GWW150117P230 and GWW150117P250 Limit Order Price: Net debit of $1.00 or less ($100 […]… Read More

10/10/14 Trade Alert: Price is the Master

Please Note: Two Separate Trades 1. Vertical Roll on T. Rowe Price (Nasdaq: TROW) to January “Buy to Close” October $80 Put and “Sell to Close” October $75 Put and “Buy to Open” January $70 Put and “Sell to Open” January $80 Put Option Symbols: TROW141018P75 and TROW141018P80 and TROW150117P70 and TROW150117P80 Limit Order Price: […]… Read More

10/9/14 Trade Alert: Take Your Visa and Kiss the Line

Note: Three Separate Trades 1. Put Credit Spread on Visa (NYSE: V) “Buy to Open” December $200 Put and “Sell to Open” December $205 Put Option Symbols: V141220P200 and V141220P205 Limit Order Price: Net credit of $1.25 or more ($125 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly […]… Read More

10/2/14 Trade Alert: Chicken China

Note: Two Separate Trades   1. Put Credit Spread on Yum! Brands (NYSE: YUM) “Buy to Open” November $65 Put and “Sell to Open” November $70 Put Option Symbols: YUM141122P65 and YUM141122P70 Limit Order Price: Net credit of $1.25 or more ($125 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More

9/30/14 Trade Alert: More Rolls Out of October

Please Note: Two Separate Trades   1. Vertical Roll on Diageo (NYSE: DEO) to November “Buy to Close” October $120 Put and “Sell to Close” October $115 Put and “Buy to Open” November $110 Put and “Sell to Open” November $120 Put Option Symbols: DEO141018P115 and DEO141018P120 and DEO141122P110 and DEO141122P120 Limit Order Price: Net […]… Read More

OFI’s 41-Month Portfolio Performance Continues Its Winning Ways

The OFI portfolio outperforms the S&P 500 yet again! In both bull markets and bear markets, the OFI put-spread strategy of selling time value, the decay of which is one of the only certainties in life other than death and taxes, continually proves itself to be more profitable and less risky than a buy-and-hold stock portfolio.

Also, check out the new OFI Member Guide.

9/26/14 Trade Alert: October to January Rolls

Please Note: Three Separate Trades   1. Vertical Roll on Sotheby’s (NYSE: BID) to January “Buy to Close” October $40 Put and “Sell to Close” October $35 Put and “Buy to Open” January $30 Put and “Sell to Open” January $40 Put Option Symbols: BID141018P35 and BID141018P40 and BID150117P30 and BID150117P40 Limit Order Price: Net […]… Read More

9/25/14 Trade Alert: Park That Hog

Please Note: Six Separate Trades   1. Put Credit Spread on Harley-Davidson (NYSE: HOG) “Buy to Open” November $55 Put and “Sell to Open” November $60 Put Option Symbols: HOG141122P55 and HOG141122P60 Limit Order Price: Net credit of $1.20 or more ($120 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More