Publications

12/8/11 Weekly Briefing: December Expiration Looking Good

With seven Options for Income (OFI) trade recommendations set to expire, December options expiration may turn out to be the most profitable in OFI history.
… Read More

12/7/11 Trade Alert: Biotech Insider Buying–UPDATE

Put Credit Spread on United Therapeutics Corp (NasdaqGS: UTHR) “Buy to Open” February $32.50 Put and “Sell to Open” February $40 Put Option Symbols: UTHR120218P32.5 and UTHR120218P40 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

12/1/11 Trade Alert: A Hedge and a Repair

1. Sell Call Credit Spread on Microsoft (Nasdaq: MSFT) “Buy to Open” March $31 Call and “Sell to Open” March $26 Call Option Symbols: MSFT120317C31 and MSFT120317C26 Limit Order Price: Net credit of $1.05 or more ($105 per spread) Directional View for Underlying Stock: Neutral to bearish Options for Income Portfolio: Downside Protection Hedges Margin […]… Read More

11/30/11 Weekly Briefing: More Stock Updates

Coordinated easing by the world’s central banks and China’s decision to lower bank reserve requirements are helping the stock market rally, but caution is advised…. Read More

11/22/11 Trade Alert: Going Back for a Second Helping

1. Sell Put Credit Spread on SPDR Gold Shares (NYSE: GLD) “Buy to Open” March $137 Put and “Sell to Open” March $145 Put Option Symbols: GLD120317P137 and GLD120317P145 Limit Order Price: Net credit of $1.35 or more ($135 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Downside […]… Read More

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.
… Read More

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.
… Read More