Publications

1/26/12 Trade Alert: Pump it Up

Sell Put Credit Spread on Flowserve (NYSE: FLS) “Buy to Open” April $90 Put and “Sell to Open” April $100 Put Option Symbols: FLS120421P90 and FLS120421P100 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 requirement […]… Read More

1/18/12 Weekly Briefing: Counting the Cash and OFI’s Outperformance

OFI’s trade recommendations since inception have generated more than $9,000 in cash and outperformed the S&P 500 by a substantial margin.
… Read More

1/18/12 Trade Alert: Two More Rolls

1. Sell Horizontal Spread on Molson Coors (NYSE: TAP) “Buy to Close” January $45 Put and “Sell to Open” April $45 Put Option Symbols: TAP120121P45 and TAP120421P45 Limit Order Price: Net credit of $1.40 or more ($140 per spread) Directional View for Underlying Stock: Neutral to Bullish Options for Income Portfolio: Conservative Income Approximate margin […]… Read More

1/17/12 Trade Alert: Rolling Crown

Sell Horizontal Spread on Crown Holdings (NYSE: CCK) “Buy to Close” January $40 Put and “Sell to Open” July $40 Put Option Symbols: CCK120121P40 and CCK120721P40 Limit Order Price: Net credit of $0.50 or more ($50 per spread) Directional View for Underlying Stock: Bullish Options for Income Portfolio: Conservative Income Approximate margin requirement per contract: […]… Read More

1/12/12 Trade Alert: January Rolls

1. Vertical Roll on Amgen (Nasdaq: AMGN) “Buy to Close” January $62.50 Call and “Sell to Close” January $67.50 Call and “Sell to Open” April $62.50 Call and “Buy to Open” April $72.50 Call Option Symbols: AMGN120121C62.5 and AMGN120121C67.5 and AMGN120421C62.5 and AMGN120421C72.5 Limit Order Price for Four-Legged Vertical Roll: Net credit of $0.95 per […]… Read More

1/12/12 Trade Alert: Apparel Juggernaut

Sell Put Credit Spread on VF Corp (NYSE: VFC) “Buy to Open” May $110 Put and “Sell to Open” May $120 Put Option Symbols: VFC120519P110 and VFC120519P120 Limit Order Price: Net credit of $2.05 or more ($205 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative Income Margin […]… Read More

1/10/12 Weekly Briefing: Volatility is Bound to Rise

The recent stock market rally and low VIX reading are surreal given global economic risks in 2012.
… Read More

1/5/12 Trade Alert: Automated Retailing Defensive Play

Sell Put Credit Spread on Coinstar (Nasdaq: CSTR) “Buy to Open” April $32.5 Put and “Sell to Open” April $40 Put Option Symbols: CSTR120421P32.5 and CSTR120421P40 Limit Order Price: Net credit of $1.90 or more ($190 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative Income Margin requirement […]… Read More

1/4/12 Weekly Briefing: Put/Call Volatility Skew and Future Stock Direction

Academic studies have shown that when option traders bet that a stock is going to fall by bidding up the price of its out-of-the-money put options, they tend to be right…. Read More

12/29/11 Trade Alert: The New Mega-Cycle in Oil Services

Sell Put Credit Spread on Schlumberger (NYSE: SLB) “Buy to Open” February $52.50 Put and “Sell to Open” February $62.50 Put Option Symbols: SLB120218P52.5 and SLB120218P62.5 Limit Order Price: Net credit of $1.55 or more ($155 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative Income Margin requirement […]… Read More