Publications

5/24/12 Trade Alert: Apparel Double Seam

Sell Put Credit Spread on VF Corp (NYSE: VFC) “Buy to Open” August $115 Put and “Sell to Open” August $125 Put Option Symbols: VFC120818P115 and VFC120818P125 Limit Order Price: Net credit of $1.70 or more ($170 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative Income Margin […]… Read More

5/18/12 Trade Alert: Betting Against Armageddon

Bonds are pricing in an economic collapse and that’s rarely a bet that pays off.
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5/18/12 Trade Alert: Betting Against Armageddon

Vertical Roll on iShares Barclays 20+ Year US Treasury Bond ETF  (NYSE: TLT) “Buy to Close” May $123 Call and “Buy to Open” July $132 Call and “Sell to Open” July $124 Call Option Symbols: TLT120519C123 and TLT120721C132 and TLT120721C124 Limit Order Price: Net credit of $1.05 or more ($105 per spread) For those using […]… Read More

5/17/12 Trade Alert: That’s Just the Way I Roll

We can’t wait any longer to roll two May in-the-money put spreads.

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5/17/12 Trade Alert: That’s Just the Way I Roll

1. Vertical Roll on Carbo Ceramics (NYSE: CRR) “Buy to Close” May $85 Put and “Sell to Close” May $75 Put and “Sell to Open” September $85 Put and “Buy to Open” September $75 Put Option Symbols: CRR120519P85 and CRR120519P75 and CRR120922P85 and CRR120922P75 Limit Order Price for Four-Legged Vertical Roll: Net credit of $2.05 […]… Read More

5/11/12 Weekly Briefing: VIX Calls Revisited

All you ever wanted to know about using options to hedge your portfolio against a market downdraft. Move over S&P 500 puts, VIX calls are in town!… Read More

5/10/12 Trade Alert: A Consumer Products Reunion

1. Sell Put Credit Spread on Procter & Gamble (NYSE: PG) “Buy to Open” July $55 Put and “Sell to Open” July $62.50 Put Option Symbols: PG120721P55 and PG120721P62.5 Limit Order Price: Net credit of $1.05 or more ($105 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative […]… Read More

5/3/12 Trade Alert: Doubling Down on Risk Reduction

Sell Put Credit Spread on CME Group (Nasdaq: CME) “Buy to Open” September $220 Put and “Sell to Open” September $230 Put Option Symbols: CME120922P220 and CME120922P230 Limit Order Price: Net credit of $2.00 or more ($200 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative Income Margin […]… Read More

4/26/12 Trade Alert: Going Back to the Beginning

1. Put Credit Spread on Berkshire Hathaway Class B (NYSE: BRK-B) “Buy to Open” September $70 Put and “Sell to Open” September $77.50 Put Option Symbols: BRKB120922P70 and BRKB120922P77.5 Limit Order Price: Net credit of $1.60 or more ($160 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative […]… Read More

4/25/12 Weekly Briefing: OFI’s One-Year Anniversary Deserves Celebration!

Here’s hoping that the second year of Options for Income is as profitable as the first year…. Read More