Publications

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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10/25/11 Trade Alert: Another Iron Condor

Please Note: This recommended trade only applies to those OFI members who already have positions in the Amgen bull put spread. Do NOT do this trade as an initial position. Sell Bear Call Spread on Amgen (Nasdaq: AMGN) “Buy to Open” January $70 Call and “Sell to Open” January $62.50 Call Option Symbols: AMGN120121C70 and […]… Read More

10/24/11 Trade Alert: Selling a Covered Call and Creating an Iron Condor

Please Note: These recommended trades only apply to those OFI members who already have positions in MetLife stock and the NetEase.com bull put spread. Do NOT do these trades as initial positions. 1. Covered Call on MetLife (NYSE: MET) “Sell to Open” March $39 Call Option Symbols: MET120317C39 Limit Order Price: $1.70 per share credit […]… Read More

10/18/11 Trade Alert: Rolling Beer and Nursing Home Landlords

(The rationale for these trades was discussed in this week’s briefing) 1. Vertical Roll on Health Care REIT (NYSE: HCN) “Buy to Close” October $50 Put and “Sell to Open” March $50 Put and “Buy to Open” March $40 Put Option Symbols: HCN111022P50 and HCN120317P50 and HCN120317P40 Limit Order Price for three-legged vertical roll: Net […]… Read More