Publications

5/7/2014 Trade Alert: HCN Second Try

Please note: The following HCN trade applies only to those OFI members who already have a position in the September $55 call. All others should ignore this HCN trade. Sell June $65 Call on Health Care REIT (NYSE: HCN) “Sell to Open” June $65 Call Option Symbols: HCN140621C65 Limit Order Price: $0.45 or more ($45 per […]… Read More

5/1/14 Trade Alert: A Quest for a Home

Note: Six Separate Trades   1. Put Credit Spread on Quest Diagnostics (NYSE: DGX) “Buy to Open” June $50 Put and “Sell to Open” June $55 Put Option Symbols: DGX140621P50 and DGX140621P55 Limit Order Price: Net credit of $1.00 or more ($100 per spread) – good ’til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More

4/24/2014 Trade Alert: Shampoo and Water

Note: Four Separate Trades 1. Put Credit Spread on Waters Corp (NYSE: WAT) “Buy to Open” June $100 Put and “Sell to Open” June $105 Put Option Symbols: WAT140621P100 and WAT140621P105 Limit Order Price: Net credit of $1.00 or more ($100 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly bullish […]… Read More

4/17/14 Trade Alert: Up in Smoke

Vertical Roll on Philip Morris International (PM) to May “Buy to Close” April $82.50 Put and “Buy to Open” May $77.50 Put and “Sell to Open” May $82.50 Put Option Symbols: PM140419P82.5 and PM140517P77.5 and PM140517P82.5 Limit Order Price for Three-Legged Vertical Roll: Net credit of $0.90 or more ($90 per spread) For those using […]… Read More

4/17/2014 Trade Alert: Double Energy Boost

Note: Five Separate Trades 1. Put Credit Spread on EQT Corp (NYSE: EQT) “Buy to Open” June $95 Put and “Sell to Open” June $100 Put Option Symbols: EQT140621P95 and EQT140621P100 Limit Order Price: Net credit of $1.35 or more ($135 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly bullish […]… Read More

4/15/14 Trade Alert: The Lone Grainger

Vertical Roll on W.W. Grainger (NYSE: GWW) to July “Buy to Close” April $250 Put and “Sell to Close” April $230 Put and “Buy to Open” July $230 Put and “Sell to Open” July $250 Put Option Symbols: GWW140419P250 and GWW140419P230 and GWW140719P230 and GWW140719P250 Limit Order Price: Net credit of $2.80 or more ($280 […]… Read More

4/10/14 Trade Alert: Big Women and Big Data

Note: Five Separate Trades   1. Put Credit Spread on Amazon.com (Nasdaq: AMZN) “Buy to Open” June $290 Put and “Sell to Open” June $300 Put Option Symbols: AMZN140621P290 and AMZN140621P300 Limit Order Price: Net credit of $2.25 or more ($225 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly bullish […]… Read More

4/3/14 Trade Alert: 3D Profits While Fasting

Please Note: Two Separate Trades 1. Put Credit Spread on Stratasys (Nasdaq: SSYS) “Buy to Open” June $95 Put and “Sell to Open” June $100 Put Option Symbols: SSYS140621P95 and SSYS140621P100 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 bullish […]… Read More

Selling Time Value Outperforms Buy and Hold

Since time-value decay is the only certainty in trading, successful traders always want it to be on their side. Don’t listen to theoretical mathematicians who say otherwise…. Read More

3/28/14 Trade Alert: Pay the Piper

Vertical Roll on MasterCard (NYSE: MA) to July “Buy to Close” April $78 Put and “Sell to Close” April $77 Put and “Buy to Open” July $72.50 Put and “Sell to Open” July $74.50 Put Option Symbols: MA140419P78 and MA140419P77 and MA140719P72.5 and MA140719P74.5 Limit Order Price: Net credit of $0.15 or more ($15 per spread)–good ’til […]… Read More