Publications

9/24/13 Trade Alert: Reinstituting the SPY Calendar Spread

Please note: The following SPY trade applies only to those OFI members who already have a position in the December $158 put. All others can ignore this SPY trade. Sell October $158 Put on S&P 500 ETF (NYSE: SPY) “Sell to Open” October $158 Put Option Symbols: SPY131019P158 Limit Order Price: $0.25 or more ($25 […]… Read More

9/19/13 Trade Alert: Raises Dividend By 233 Percent

Note: Three Separate Trades   1. Put Credit Spread on Helmerich & Payne (NYSE: HP) “Buy to Open” December $60 Put and “Sell to Open” December $65 Put Option Symbols: HP131221P60 and HP131221P65 Limit Order Price: Net credit of $1.05 or more ($105 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to […]… Read More

9/16/13 Market Briefing: 29-Month OFI Portfolio Performance

Conservative Income trades are the real stars of the OFI portfolios. September expiration looks very profitable and why accepting losses can ironically have a dramatic impact that boosts profits…. Read More

9/12/13 Trade Alert: Crude on Rail

Note: Two Separate Trades   1. Put Credit Spread on Union Pacific (NYSE: UNP) “Buy to Open” November $145 Put and “Sell to Open” November $150 Put Option Symbols: UNP131116P145 and UNP131116P150 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

9/11/13 Trade Alert: Get Down on the Mat

Iron Condor on Lululemon Athletica (Nasdaq: LULU)   “Buy to Open” September (2nd week) $57.50 Put and “Sell to Open” September (2nd week) $62.50 Put and “Buy to Open” September (2nd week) $85 Call and “Sell to Open” September (2nd week) $80 Call Option Symbols: LULU130913P57.5 and LULU130913P62.5 and LULU130913C80 and LULU130913C85 Limit Order Price […]… Read More

9/5/13 Trade Alert: Roman Holiday

Note: Four Separate Trades   1. Put Credit Spread on Gilead Sciences (Nasdaq: GILD) “Buy to Open” November $52.50 Put and “Sell to Open” November $57.50 Put Option Symbols: GILD131116P52.5 and GILD131116P57.5 Limit Order Price: Net credit of $1.15 or more ($115 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly […]… Read More

8/29/13 Trade Alert: Eat Out and Roll Doughy Stocks

Note: Five Separate Trades   1. Put Credit Spread on Yum! Brands (NYSE: YUM) “Buy to Open” October $62.50 Put and “Sell to Open” October $67.50 Put Option Symbols: YUM131019P62.5 and YUM131019P67.5 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

8/22/13 Trade Alert: An Old Friend

Note: Two Separate Trades   1. Put Credit Spread on Kinder Morgan Energy Partners (NYSE: KMP) “Buy to Open” October $77.50 Put and “Sell to Open” October $82.50 Put Option Symbols: KMP131019P77.5 and KMP131019P82.5 Limit Order Price: Net credit of $1.35 or more ($135 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral […]… Read More

8/15/13 Trade Alert: October Surprise

Note: Four Separate Trades 1. Put Credit Spread on Amazon.com (Nasdaq: AMZN) “Buy to Open” October $265 Put and “Sell to Open” October $275 Put Option Symbols: AMZN131019P265 and AMZN131019P275 Limit Order Price: Net credit of $2.10 or more ($210 per spread)–good ’til canceled (GTC) Directional View for Underlying Stock: Neutral to slightly bullish Options […]… Read More

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