Publications

8/14/13 Market Briefing: Market Correction is Likely

Jim is traveling to the San Francisco MoneyShow, but wanted to send out an abbreviated market briefing before his departure. Stay tuned for an updated OFI portfolio review in a couple of weeks…. Read More

8/8/13 Trade Alert: Rolling a Debacle

Vertical Roll on Fusion-io (NYSE: FIO) to December “Buy to Close” August $16 Put and “Buy to Open” December $7 Put and “Sell to Open” December $16 Put Option Symbols: FIO130817P16 and FIO131221P7 and FIO131221P16 Limit Order Price for Three-Legged Vertical Roll: Net credit of $0.20 or more ($20 per spread)–Good ’til canceled (GTC) For […]… Read More

8/8/13 Trade Alert: Takeover Rumor

Note: Three Separate Trades   1. Put Credit Spread on Procter & Gamble (NYSE: PG) “Buy to Open” October $75 Put and “Sell to Open” October $80 Put Option Symbols: PG131019P75 and PG131019P80 Limit Order Price: Net credit of $1.00 or more ($100 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More

8/1/13 Trade Alert: Moving Along

Note: Three Separate Trades   1. Put Credit Spread on Parker Hannifin (NYSE: PH) “Buy to Open” November $90 Put and “Sell to Open” November $95 Put Option Symbols: PH131116P90 and PH131116P95 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 […]… Read More

7/26/13 Trade Alert: Early Vertical Roll

Vertical Roll on Accenture (NYSE: ACN) to November “Buy to Close” August $77.50 Put and “Sell to Close” August $72.50 Put and “Buy to Open” November $70 Put and “Sell to Open” November $77.50 Put Option Symbols: ACN130817P77.5 and ACN130817P72.5 and ACN131116P70 and ACN131116P77.5 Limit Order Price: Net credit of $0.40 or more ($40 per […]… Read More

7/25/13 Trade Alert: Industrial Strength

Note: Three Separate Trades   1. Put Credit Spread on W.W. Grainger (NYSE: GWW) “Buy to Open” September $240 Put and “Sell to Open” September $250 Put Option Symbols: GWW130921P240 and GWW130921P250 Limit Order Price: Net credit of $2.80 or more ($280 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly […]… Read More

7/18/13 Trade Alert: Pick Your Poison

Note: Three Separate Trades 1. Put Credit Spread on Allergan (NYSE: AGN) “Buy to Open” September $80 Put and “Sell to Open” September $85 Put Option Symbols: AGN130921P80 and AGN130921P85 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 Options […]… Read More

7/16/13 Trade Alert: August is Best Bet for Best Buy

Vertical Roll on Best Buy (BBY) to August “Buy to Close” July $28 Call and “Buy to Open” August $33 Call and “Sell to Open” August $28 Call Option Symbols: BBY130720C28 and BBY130817C28 and BBY130817C33 Limit Order Price for Three-Legged Vertical Roll: Net credit of $0.35 or more ($35 per spread) — Good til canceled […]… Read More

7/11/13 Trade Alert: Ready for Liftoff

Note: Three Separate Trades   1. Sell Put Credit Spread on Precision Castparts (NYSE: PCP) “Buy to Open” September $210 Put and “Sell to Open” September $220 Put Option Symbols: PCP130921P210 and PCP130921P220 Limit Order Price: Net credit of $1.85 or more ($185 per spread) — good til canceled (GTC) Directional View for Underlying Stock: […]… Read More

7/5/13 Trade Alert: Bullseye on Canada

Note: Five Separate Trades 1. Sell Put Credit Spread on Target (NYSE: TGT) “Buy to Open” August $65 Put and “Sell to Open” August $70 Put Option Symbols: TGT130817P65 and TGT130817P70 Limit Order Price: Net credit of $1.45 or more ($145 per spread) — good til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More