Publications

12/13/12 Trade Alert: The Price is Right

Please Note: Two Separate Trades 1. Sell Put Credit Spread on Priceline.com (Nasdaq: PCLN) “Buy to Open” April $550 Put and “Sell to Open” April $560 Put Option Symbols: PCLN130420P550 and PCLN130420P560 Limit Order Price: Net credit of $2.80 or more ($280 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for […]… Read More

12/6/12 Trade Alert: Healthy Marketing

1. Sell Put Credit Spread on Herbalife (NYSE: HLF) “Buy to Open” February $35 Put and “Sell to Open” February $42.50 Put Option Symbols: HLF130216P35 and HLF130216P42.5 Limit Order Price: Net credit of $1.45 or more ($145 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative Income Margin […]… Read More

12/5/12 Weekly Briefing: Iron Condors vs. Naked Strangles

Both iron condors and naked strangles are excellent neutral option strategies that can sometimes be made even better with the help of trading adjustments. Also, gunslingers will perform better with stop losses…. Read More

12/5/12 Trade Alert: A Lulu of a Trade

Iron Condor on Lululemon Athletica (Nasdaq: LULU) “Buy to Open” December (1st week) $55 Put and “Sell to Open” December (1st week) $62.50 Put and “Buy to Open” December (1st week) $85 Call and “Sell to Open” December (1st week) $77.50 Call Option Symbols: LULU121207P55 and LULU121207P62.5 and LULU121207C85 and LULU121207C77.5 Limit Order Price for […]… Read More

11/29/12 Trade Alert: Foreign Fantasy Replay

1. Sell Put Credit Spread on NetEase (Nasdaq: NTES) “Buy to Open” March $32 Put and “Sell to Open” March $40 Put Option Symbols: NTES130316P32 and NTES130316P40 Limit Order Price: Net credit of $1.45 or more ($145 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative Income Margin […]… Read More

11/23/12: Gunslinger Trade and Early Market Close

I hope everyone had a wonderful Thanksgiving holiday! On the day after Thanksgiving — Friday November 23rd — the stock and options markets close early at 1:00 PM Eastern Time. Consequently, any in-the-money option expiring today (November 4th week) needs to be closed out prior to 1:00 PM to avoid assignment. Salesforce.com (NYSE: CRM) closed […]… Read More

11/20/12 Trade Alert: Five Billion-Dollar Brands

1. Sell Put Credit Spread on VF Corp. (NYSE: VFC) “Buy to Open” February $135 Put and “Sell to Open” February $145 Put Option Symbols: VFC130216P135 and VFC130216P145 Limit Order Price: Net credit of $1.85 or more ($185 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative Income […]… Read More

11/15/12 Trade Alert: Take a Bite

1. Sell Put Credit Spread on Apple (Nasdaq: AAPL) “Buy to Open” December $500 Put and “Sell to Open” December $510 Put Option Symbols: AAPL121222P500 and AAPL121222P510 Limit Order Price: Net credit of $2.60 or more ($260 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative Income Margin […]… Read More

11/14/12 Weekly Briefing: OFI’s Portfolio is Defensively Positioned

A computer analysis of OFI’s portfolios reveals a focus on defensive industry sectors combined with a small-cap value bias. Plus some stock updates.
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11/8/12 Trade Alert: Medical Devices Part Two

1. Sell Put Credit Spread on Becton Dickinson (NYSE: BDX) “Buy to Open” March $70 Put and “Sell to Open” March $75 Put Option Symbols: BDX130316P70 and BDX130316P75 Limit Order Price: Net credit of $1.65 or more ($165 per spread) Directional View for Underlying Stock: Neutral to slightly bullish Options for Income Portfolio: Conservative Income […]… Read More