Publications

11/17/11 Weekly Briefing: Stock Updates

November expiration is kind to the OFI portfolios and Jim provides third-quarter earnings updates on several OFI stocks.
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11/16/11 Trade Alert: Rolling the Bear Up and Out

1. Vertical Roll on S&P 500 ETF (NYSE: SPY) “Buy to Close” November $123 Call and “Sell to Close” November $131 Call and “Buy to Open” February $135 Call and “Sell to Open” February $127 Call Option Symbols: SPY111119C123 and SPY111119C131 and SPY120218C135 and SPY120218C127 Limit Order Price for four-legged vertical roll: Net credit of […]… Read More

11/11/11 Trade Alert: Not Willing to Wait for Earnings

Please Note: This recommended trade only applies to those OFI members who already have a position in Petrobras stock. Do NOT do this trade as an initial position. 1. Covered Call on Petrobras (NYSE: PBR) “Sell to Open” January $31 Call Option Symbol: PBR120121C31 Limit Order Price: $0.55 per share credit or more ($55 per […]… Read More

11/10/11 Trade Alert: Hiding in Bonds Neutral Style

Sell Iron Condor on iShares Barclays 20+ Year US Treasury Bond ETF  (NYSE: TLT) “Buy to Open” Februrary $103 Put and “Sell to Open” February $108 Put and “Buy to Open” February $130 Call and “Sell to Open” February $125 Call Option Symbols: TLT120218P103 and TLT120218P108 and TLT120218C130 and TLT120218C125 Limit Order Price: Net credit […]… Read More

11/8/11 Weekly Briefing: Beta-Adjusted Deltas

If you want to know how sensitive the OFI portfolios are to a $1 change in the S&P 500 index, you’ve come to the right place.
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11/3/11 Trade Alert: Cashing in on Patents–UPDATE

(updated with trade rationale) Sell Put Credit Spread on InterDigital (Nasdaq: IDCC) “Buy to Open” January $32 Put and “Sell to Open” January $42 Put Option Symbols: IDCC120121P32 and IDCC120121P42 Limit Order Price: Net credit of $3.50 or more ($350 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: […]… Read More

11/2/11 Weekly Briefing: Analyzing the OFI Portfolio

If you think the OFI Portfolio holds stocks similar to the S&P 500, you may be surprised.
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10/31/11 Trade Alert: Changing Limit Order for The Next Big Medical Technology

I’m canceling the February $32/$24 put spread order and replacing it with the February $33/$25 put spread order detailed below. Sell Put Credit Spread on Medtronic (NYSE: MDT) “Buy to Open” February $25 Put and “Sell to Open” February $33 Put Option Symbols: MDT120218P25 and MDT120218P33 Limit Order Price: Net credit of $1.25 or more […]… Read More

10/27/11 Trade Alert: The Next Big Medical Technology–UPDATE

(updated with trade rationale) Note: I’m canceling the February $32/$24 put spread order listed below and replacing it with a February $33/$25 put spread order. Please view the updated Trade Alert for instructions. Sell Put Credit Spread on Medtronic (NYSE: MDT) “Buy to Open” February $24 Put and “Sell to Open” February $32 Put Option […]… Read More

10/25/11 Weekly Briefing: Notes from the Chicago MoneyShow

Options are the “oars” that will allow us to row against the headwinds of a low-return investment environment.
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