Publications

10/3/12 Trade Alert: Second Try

Seasonality remains positive, so here goes a second attempt at gaining exposure to this rock-solid money manager.
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9/27/12 Trade Alert: Is a Hike in the Cash Distribution Imminent?

1. Put Credit Spread on Energy Transfer Partners (NYSE: ETP) “Buy to Open” December $35 Put and “Sell to Open” December $42.50 Put Option Symbols: ETP121222P35 and ETP121222P42.5 Limit Order Price: Net credit of $2.25 or more ($225 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative Income […]… Read More

9/27/12 Trade Alert: Is a Hike in the Cash Distribution Imminent?

This energy MLP may be on the verge of increasing its cash distribution for the first time since 2008. Time to get in before the announcement.
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9/24/12 Weekly Briefing: Eight September Winners

September may historically be the cruelest month for the stock market, but September options expiration may have been the most profitable in OFI’s history, with eight winning trades!… Read More

9/20/12 Trade Alert: Cleaning Up Its Act

Sell Put Credit Spread on NuStar Energy LP (NYSE: NS) “Buy to Open” December $45 Put and “Sell to Open” December $50 Put Option Symbols: NS121222P45 and NS121222P50 Limit Order Price: Net credit of $1.60 or more ($160 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative Income […]… Read More

9/18/12 Trade Alert: Zoom Zoom Gunslinger

Iron Condor on AutoZone (NYSE: AZO) “Buy to Open” September $320 Put and “Sell to Open” September $330 Put and “Buy to Open” September $390 Call and “Sell to Open” September $380 Call Option Symbols: AZO120922P320 and AZO120922P330 and AZO120922C390 and AZO120922C380 Limit Order Price for Four-Legged Iron Condor: Net credit of $1.60 per share […]… Read More

9/13/12 Trade Alert: Dividend Champion

Sell Put Credit Spread on Emerson Electric (NYSE: EMR) “Buy to Open” January $40 Put and “Sell to Open” January $46 Put Option Symbols: EMR130119P40 and EMR130119P46 Limit Order Price: Net credit of $1.05 or more ($105 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative Income Margin […]… Read More

9/7/12 Trade Alert: Closing Out the Short Call on LULU

Buy to Close $72.50 Call on Lululemon Athletica (Nasdaq: LULU) “Buy to Close” September (1st week) $72.50 Call Option Symbol: LULU120907C72.5 Price: Market order at 3:59 Eastern time Trade Rationale: The $72.50 call is in the money, so we need to close it out prior to the market’s close. Otherwise, it will be assigned against […]… Read More

9/6/12 Trade Alert: Cheap Money Manager

1. Sell Put Credit Spread on BlackRock (NYSE: BLK) “Buy to Open” January $150 Put and “Sell to Open” January $160 Put Option Symbols: BLK130119P150 and BLK130119P160 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 […]… Read More

9/4/12 Weekly Briefing: OFI 16-Month Portfolio Performance Update

One-third of the way through the second year of Options for Income reveals that the four OFI Portfolios continue to collectively outperform the S&P 500…. Read More