A Review of Jim Fink’s Options Trade History

By ID Analysts • July 1, 2015 • Stock Market Investing

Jim Fink’s Options Trade Performance History

Jim Fink’s Private Options Service Performance
4/21/11 to 6/19/15

  
 
 
   
 

Underlying Stock

Date Initiated and End Date (if any)

Trade Duration (actual or until expiration)

Investment at Risk

Net Income Received

Unrealized Gain or Liability

Net Profit

  

MetLife

4/21/11 to 7/8/13

809

$4,030

$274

N/A

$274

  

Exelon

4/28/11

2094

$1,100

($1,100)

$360

($740)

  

Casey’s General Stores

5/1/11 to 9/17/11

139

$3,815

$295

N/A

$295

  

Molson Coors No. 1

5/4/11 to 4/20/13

717

$4,300

$1,060

N/A

$1,060

  

Berkshire Hathaway Class B No. 1

5/5/11 to 3/17/12

317

$7,630

$680

N/A

$680

  

Stericycle No.1

5/12/11 to 8/18/12

464

$690

$255

N/A

$255

  

Crown Holdings

5/26/11 to 1/19/13

604

$3,905

$215

N/A

$215

  

United Therapeutics No. 1

6/2/11 to 7/16/11

44

$355

$95

N/A

$95

  

Cisco Systems

6/9/11 to 5/16/13

707

$380

$547

N/A

$547

  

Health Care REIT No. 1

6/9/11 to 3/17/12

282

$860

$385

N/A

$385

  

Celgene No. 1

6/16/11 to 10/22/11

128

$815

$185

N/A

$185

  

Intuit No. 1

6/22/11 to 10/22/11

122

$810

$190

N/A

$190

  

Procter & Gamble No. 1

6/30/11 to 1/21/12

205

$735

$265

N/A

$265

  

Amgen No. 1

7/7/11 to 6/12/12

341

$855

($228)

N/A

($228)

  

Danaher

7/15/11 to 9/22/12

435

$805

$425

N/A

$425

  

Autodesk

7/21/11 to 4/21/12

275

$755

$275

N/A

$275

  

NetEase No. 1

7/28/11 to 3/17/12

233

$770

$440

N/A

$440

  

CME Group No. 1

8/4/11 to 3/17/12

226

$1,620

$380

N/A

$380

  

Petrobras

8/18/11

1982

$954

($779)

$104

($675)

  

CenturyLink

8/25/11 to 10/22/11

58

$490

$110

N/A

$110

  

Apple No. 1

9/1/11 to 11/19/11

79

$33,900

$1,100

N/A

$1,100

  

Hansen Natural (Monster Beverage)

9/1/11 to 12/17/11

107

$7,100

$400

N/A

$400

  

Spectra Energy

9/8/11 to 12/17/11

100

$585

$115

N/A

$115

  

Kansas City Southern

9/22/11 to 12/17/11

86

$475

$225

N/A

$225

  

Gold ETF No. 1

9/29/11 to 11/19/11

51

$665

$135

N/A

$135

  

SPDR S&P 500 ETF No. 1 (bear call spread)

10/6/11 to 5/19/12

226

$922

($327)

N/A

($327)

  

Deere & Co. No. 1

10/13/11 to 12/17/11

65

$629

$121

N/A

$121

  

Medtronic No. 1

10/31/11 to 2/18/12

110

$670

$130

N/A

$130

  

InterDigital

11/3/11 to 1/21/12

79

$640

$360

N/A

$360

  

iShares 20+-Year U.S. Treasury ETF No. 1

11/10/11 to 2/18/12

100

$400

$205

N/A

$205

  

Apple No. 2

11/23/11 to 12/17/11

24

$830

$170

N/A

$170

  

Microsoft

12/1/11 to 6/16/12

198

$395

($265)

N/A

($265)

  

United Therapeutics No. 2

12/7/11 to 2/18/12

73

$580

$170

N/A

$170

  

Apache

12/28/11 to 4/21/12

115

$770

$230

N/A

$230

  

Schlumberger

12/29/11 to 2/18/12

51

$840

$160

N/A

$160

  

Coinstar

1/5/12 to 4/21/12

107

$560

$190

N/A

$190

  

V.F. Corp. No.1

1/12/12 to 5/19/12

128

$795

$205

N/A

$205

  

Flowserve

1/26/12 to 4/21/12

86

$800

$200

N/A

$200

  

Buckle No. 1

2/2/12 to 9/22/12

233

$600

$250

N/A

$250

  

Kellogg

2/9/12 to 9/22/12

226

$585

$240

N/A

$240

  

iShares 20+-Year U.S. Treasury ETF No. 2

2/23/12 to 10/20/12

240

$1,000

$145

N/A

$145

  

Lufkin

3/2/12 to 6/22/13

477

$1,374

($209)

N/A

($209)

  

Dominion Resources

3/8/12 to 7/21/12

135

$385

$115

N/A

$115

  

Carbo Ceramics

3/22/12 to 1/19/13

303

$966

$34

N/A

$34

  

Cummins No. 1

3/29/12 to 6/22/13

450

$1,195

$25

N/A

$25

  

United Therapeutics No. 3

4/5/12 to 8/18/12

135

$610

$140

N/A

$140

  

Waters No. 1

4/12/12 to 2/16/13

310

$1,228

$17

N/A

$17

  

Berkshire Hathaway Class B No. 2

4/26/12 to 9/22/12

149

$590

$160

N/A

$160

  

CME Group No. 2

5/3/12 to 9/22/12

142

$800

$200

N/A

$200

  

Procter & Gamble No. 2

5/14/12 to 7/21/12

68

$645

$105

N/A

$105

  

Facebook

5/31/12 to 1/19/13

233

$815

$185

N/A

$185

  

Health Care REIT No. 2

5/31/12 to 9/22/12

114

$620

$130

N/A

$130

  

V.F. Corp. No. 2

5/31/12 to 8/18/12

79

$830

$170

N/A

$170

  

Celgene No. 2

6/7/12 to 10/20/12

135

$820

$180

N/A

$180

  

GNC Holdings

6/14/12 to 9/22/12

100

$799

$201

N/A

$201

  

Simon Property Group No. 1

6/21/12 to 8/18/12

58

$830

$170

N/A

$170

  

Intuit No. 2

6/28/12 to 10/20/12

114

$630

$120

N/A

$120

  

Leucadia National

7/5/12 to 12/21/12

170

$400

$210

N/A

$210

  

Union Pacific  No. 1

7/12/12 to 11/17/12

128

$610

$140

N/A

$140

  

Amazon.com No. 1

7/26/12 to 7/28/12

3

$920

($8)

N/A

($8)

  

LinkedIn No. 1

8/1/12 to 8/4/12

3

$915

$160

N/A

$160

  

Procter & Gamble No. 3

8/2/12 to 10/19/12

79

$630

$120

N/A

$120

  

Roper Industries

8/2/12 to 11/16/12

107

$810

$190

N/A

$190

  

S&P 500 Volatility Index (VIX)

8/9/12

1133

$1,625

($532)

($570)

($1,102)

  

Monster Beverage

8/10/12 to 12/22/12

134

$570

$180

N/A

$180

  

Gold ETF No. 2

8/14/12 to 11/17/12

95

$800

$200

N/A

$200

  

Hewlett-Packard

8/23/12 to 5/18/13

268

$595

$156

N/A

$156

  

Salesforce.com No. 1

8/23/12 to 8/25/12

3

$910

$190

N/A

$190

  

BP Prudhoe Bay Royalty Trust

8/30/12 to 12/22/12

114

$5,970

$530

N/A

$530

  

Lululemon Athletica No. 1

9/6/12 to 9/8/12

3

$700

($325)

N/A

($325)

  

AutoZone

9/18/12 to 9/21/12

4

$930

$160

N/A

$160

  

NuStar Energy LP

9/20/12 to 2/16/13

149

$705

$325

N/A

$325

  

Emerson Electric No. 1

9/25/12 to 1/19/13

116

$495

$105

N/A

$105

  

Energy Transfer Partners No. 1

9/27/12 to 12/22/12

86

$525

$225

N/A

$225

  

Nike No. 1

9/27/12 to 9/29/12

3

$935

$145

N/A

$145

  

BlackRock No. 1

10/3/12 to 1/19/13

108

$795

$205

N/A

$205

  

Occidental Petroleum No. 1

10/12/12 to 2/16/13

127

$555

$195

N/A

$195

  

Chipotle Mexican Grill No. 1

10/18/12 to 10/20/12

3

$925

($850)

N/A

($850)

  

Google No. 1

10/18/12 to 10/20/12

3

$995

($800)

N/A

($800)

  

Monsanto No. 1

10/18/12 to 1/19/13

93

$600

$150

N/A

$150

  

Amazon.com No. 2

10/25/12 to 10/27/12

3

$934

$150

N/A

$150

  

Laboratory Corp. of America No. 1

10/25/12 to 2/16/13

114

$510

$240

N/A

$240

  

Medtronic No. 2

11/1/12 to 2/16/13

107

$495

$105

N/A

$105

  

Becton Dickinson

11/8/12 to 3/16/13

128

$335

$165

N/A

$165

  

Apple No. 3

11/15/12 to 12/22/12

37

$740

$260

N/A

$260

  

Salesforce.com No. 2

11/20/12 to 11/24/12

5

$946

$135

N/A

$135

  

V.F. Corp. No. 3

11/20/12 to 2/16/13

88

$815

$185

N/A

$185

  

NetEase No. 2

11/29/12 to 3/16/13

107

$655

$145

N/A

$145

  

Lululemon Athletica No. 2

12/5/12 to 12/8/12

4

$715

$100

N/A

$100

  

Herbalife

12/6/12 to 5/18/13

163

$805

$250

N/A

$250

  

Priceline.com No. 1

12/13/12 to 4/20/13

128

$720

$280

N/A

$280

  

Intuitive Surgical

12/20/12 to 1/19/13

30

$1,625

$375

N/A

$375

  

Yum! Brands No. 1

12/20/12 to 4/20/13

121

$600

$150

N/A

$150

  

Tractor Supply Co. No. 1

12/26/12 to 4/20/13

115

$375

$125

N/A

$125

  

Clorox No. 1

1/3/13 to 4/20/13

107

$600

$150

N/A

$150

  

Simon Property Group No. 2

1/17/13 to 4/20/13

93

$805

$195

N/A

$195

  

Buckle No. 2

1/24/13 to 3/16/13

51

$570

$180

N/A

$180

  

Dick’s Sporting Goods No. 1

1/24/13 to 6/22/13

149

$380

$270

N/A

$270

  

Amazon.com No. 3

1/29/13 to 2/2/13

4

$920

$165

N/A

$165

  

Express Scripts

1/31/13 to 5/18/13

107

$580

$170

N/A

$170

  

Chipotle Mexican Grill No. 2

2/5/13 to 2/9/13

4

$905

$190

N/A

$190

  

NextEra Energy No. 1

2/7/13 to 6/22/13

135

$610

$140

N/A

$140

  

Praxair No. 1

2/14/13 to 7/20/13

156

$830

$405

N/A

$405

  

DirecTV

2/21/13 to 4/20/13

58

$300

$100

N/A

$100

  

Murphy Oil

2/21/13 to 4/20/13

58

$395

$105

N/A

$105

  

Priceline.com No. 2

2/26/13 to 3/2/13

5

$915

$180

N/A

$180

  

Apple No. 4

3/7/2013 to 5/18/13

72

$795

$205

N/A

$205

  

American Tower No. 1

3/15/13 to 7/20/13

127

$610

$140

N/A

$140

  

Lululemon Athletica No. 3

3/20/13 to 3/23/13

3

$440

$130

N/A

$130

  

Amazon.com No. 4

03/21/13 to 6/22/13

93

$770

$230

N/A

$230

  

Snap-on

3/21/13 to 6/22/13

93

$375

$125

N/A

$125

  

AvalonBay Communities

3/28/13 to 7/20/13

114

$830

$170

N/A

$170

  

Fusion-io

3/28/13 to 7/10/14

469

$1,318

($143)

N/A

($143)

  

Mastercard No. 1

4/4/13 to 5/18/13

44

$825

$175

N/A

$175

  

Sherwin-Williams No. 1

4/4/13 to 5/18/13

44

$800

$200

N/A

$200

  

Baker Hughes

4/11/13 to 7/20/13

100

$395

$105

N/A

$105

  

iShares 20+-Year U.S. Treasury ETF No. 3

4/11/2013 to 12/6/13

239

$1,000

($700)

N/A

($700)

  

Clean Harbors

4/18/13 to 7/20/13

93

$400

$100

N/A

$100

  

Google No. 2

4/18/13 to 4/20/12

3

$920

$165

N/A

$165

  

Best Buy No.1

5/2/13 to 1/18/14

261

$1,125

($225)

N/A

($225)

  

LinkedIn No. 2

5/2/13 to 5/4/13

2

$920

$170

N/A

$170

  

Linn Energy

5/2/13

806

$740

($485)

$105

($380)

  

McDonald’s No. 1

5/9/2013 to 4/19/14

345

$755

$325

N/A

$325

  

SPDR S&P 500 ETF No. 2 (bear calendar spread)

5/14/13

857

$1,218

($562)

$134

($428)

  

Accenture

5/16/13 to 2/21/14

281

$830

$185

N/A

$185

  

Baxter International No. 1

5/23/13 to 8/17/13

86

$370

$130

N/A

$130

  

Health Care REIT No. 3

5/30/13 to 1/17/15

597

$1,060

$200

N/A

$200

  

Covance

6/3/13 to 7/20/13

47

$370

$130

N/A

$130

  

Stericycle No.2

6/6/13 to 8/17/13

72

$370

$130

N/A

$130

  

V.F. Corp. No. 4

6/6/13 to 8/17/13

72

$790

$210

N/A

$210

  

Celgene No. 3

6/13/2013 to 10/19/13

128

$565

$185

N/A

$185

  

Public Storage

6/13/2013 to 9/21/13

100

$790

$210

N/A

$210

  

Regeneron Pharmaceuticals

6/13/2013 to 9/21/13

100

$770

$230

N/A

$230

  

Apple No. 5

6/20/2013 to 9/21/13

93

$770

$230

N/A

$230

  

Franklin Resources

6/27/13 to 8/17/13

51

$395

$105

N/A

$105

  

Simon Property Group No. 3

6/28/13 to 1/18/14

204

$815

$205

N/A

$205

  

Procter & Gamble No. 4

7/5/13 to 7/20/13

15

$420

$80

N/A

$80

  

Tesla Motors

7/11/2013 to 9/26/13

77

$855

($630)

N/A

($630)

  

Precision Castparts

7/12/2013 to 12/21/13

162

$1,545

$455

N/A

$455

  

Allergan No. 1

07/18/2013 to 9/21/13

65

$400

$100

N/A

$100

  

NetFlix

7/18/13 to 8/17/13

30

$775

$225

N/A

$225

  

Amazon.com No. 5

07/25/13 to 7/27/13

3

$935

$140

N/A

$140

  

W.W. Grainger No. 1

7/25/2013 to 9/21/13

58

$720

$280

N/A

$280

  

LinkedIn No. 3

8/1/13 to 8/3/13

2

$940

($155)

N/A

($155)

  

Chubb No. 1

8/5/2013 to 9/21/13

47

$400

$100

N/A

$100

  

Parker Hannifin No. 1

8/6/2013 to 11/16/13

102

$400

$100

N/A

$100

  

Procter & Gamble No. 5

8/8/2013 to 12/21/13

135

$635

$115

N/A

$115

  

Alexion Pharmaceuticals No. 1

08/12/13 to 9/21/13

40

$820

$180

N/A

$180

  

Amazon.com No. 6

08/15/2013 to 10/19/13

65

$790

$210

N/A

$210

  

Nike No. 2

8/15/2013 to 10/19/13

65

$385

$115

N/A

$115

  

Kinder Morgan Energy Partners

8/22/13 to 12/20/14

485

$627

$303

N/A

$303

  

BlackRock No. 2

8/27/2013 to 10/19/13

53

$780

$220

N/A

$220

  

Yum! Brands No. 2

8/29/2013 to 11/16/13

79

$400

$145

N/A

$145

  

Gilead Sciences No. 1

9/5/2013 to 11/16/13

72

$385

$115

N/A

$115

  

iShares MSCI EAFE Index ETF

9/5/2013 to 11/16/13

72

$395

$105

N/A

$105

  

Lululemon Athletica No. 4

9/11/13 to 9/14/13

3

$470

$90

N/A

$90

  

Agilent Technologies

09/12/13 to 11/16/13

65

$500

$100

N/A

$100

  

Union Pacific  No. 2

9/12/2013 to 11/16/13

65

$400

$100

N/A

$100

  

Helmerich & Payne No. 1

9/19/2013 to 12/21/13

93

$395

$105

N/A

$105

  

ProShares Short VIX Short-Term Futures ETF No. 1

9/19/2013 to 2/22/14

156

$685

$320

N/A

$320

  

Advance Auto Parts No. 1

09/23/2013 to 12/21/13

89

$405

$95

N/A

$95

  

Deere & Co. No. 2

9/26/13 to 1/18/14

114

$395

$255

N/A

$255

  

Praxair No. 2

10/3/13 to 11/16/13

44

$370

$130

N/A

$130

  

Sunoco Logistics Partners No. 1

10/3/13 to 11/16/13

44

$380

$120

N/A

$120

  

Allergan No. 2

10/17/13 to 1/18/14

93

$380

$120

N/A

$120

  

Equinix

10/17/13 to 12/21/13

65

$370

$130

N/A

$130

  

Google No. 3

10/17/13 to 10/19/13

3

$940

($800)

N/A

($800)

  

Monsanto No. 2

10/17/13 to 1/18/14

93

$597

$153

N/A

$153

  

Amazon.com No. 7

10/24/2013 to 10/26/13

3

$925

($170)

N/A

($170)

  

BioMarin Pharmaceutical

10/28/13 to 1/18/14

82

$300

$200

N/A

$200

  

BlackRock No. 3

10/31/13 to 1/18/14

79

$810

$190

N/A

$190

  

SolarCity

10/31/13 to 1/18/14

79

$345

$155

N/A

$155

  

W.W. Grainger No. 2

10/31/13

624

$1,626

$544

($818)

($274)

  

Laboratory Corp. of America No. 2

10/31/13 to 5/16/14

198

$940

$60

N/A

$60

  

Honeywell

11/4/13 to 12/21/13

47

$388

$112

N/A

$112

  

Baxter International No. 2

11/7/13 to 2/22/14

107

$400

$100

N/A

$100

  

Energy Transfer Partners No. 2

11/7/13 to 1/18/14

72

$400

$100

N/A

$100

  

Priceline.com No. 3

11/7/13 to 11/9/13

3

$860

$140

N/A

$140

  

Discover Financial Services

11/14/13 to 12/31/13

47

$355

($290)

N/A

($290)

  

Outerwall

11/14/13 to 12/21/13

37

$385

$115

N/A

$115

  

Panera Bread No. 1

11/14/13 to 2/22/14

100

$395

$105

N/A

$105

  

SolarWinds

11/21/2013 to 3/20/15

484

$1,050

$670

N/A

$670

  

Philip Morris International

11/27/13 to 5/17/14

171

$555

$285

N/A

$285

  

Sunoco Logistics Partners No. 2

11/27/13 to 2/22/14

87

$330

$170

N/A

$170

  

Occidental Petroleum No. 2

11/27/13 to 5/16/14

171

$710

$365

N/A

$365

  

Hess No. 1

12/5/13 to 2/22/14

79

$395

$105

N/A

$105

  

HollyFrontier

12/5/13 to 3/22/14

107

$370

$130

N/A

$130

  

Digital Realty

12/12/13 to 7/19/14

219

$700

$390

N/A

$390

  

Noble Energy

12/12/13 to 2/22/14

72

$385

$115

N/A

$115

  

Priceline.com No. 4

12/12/13 to 2/22/14

72

$830

$170

N/A

$170

  

Buckle No. 3

12/19/13 to 9/20/14

275

$390

$280

N/A

$280

  

Google No. 4

12/19/13 to 3/22/14

93

$1,385

$115

N/A

$115

  

IBM

12/19/13 to 2/22/14

65

$385

$115

N/A

$115

  

Dick’s Sporting Goods No. 2

12/26/13 to 3/22/14

86

$395

$105

N/A

$105

  

Halliburton

12/30/13 to 3/22/14

82

$343

$157

N/A

$157

  

Buffalo Wild Wings No. 1

1/2/14 to 3/22/14

79

$345

$155

N/A

$155

  

Tractor Supply Co. No. 2

1/2/14 to 4/17/15

470

$1,105

$40

N/A

$40

  

Mastercard No. 2

1/9/14 to 7/19/14

191

$1,750

$250

N/A

$250

  

Gilead Sciences No. 2

1/13/14 to 3/22/14

68

$370

$130

N/A

$130

  

Brinker International

1/16/14 to 4/19/14

93

$385

$115

N/A

$115

  

Sherwin-Williams No. 2

1/16/14 to 3/22/14

65

$375

$125

N/A

$125

  

Kohl’s Corp. No. 1

1/23/14 to 3/22/14

58

$370

$130

N/A

$130

  

Ralph Lauren

1/23/14 to 3/22/14

58

$350

$150

N/A

$150

  

Clorox No. 2

1/30/14 to 4/19/14

79

$395

$105

N/A

$105

  

The Coca-Cola Company No. 1

1/30/14 to 4/19/14

79

$395

$105

N/A

$105

  

3M No. 1

2/6/14 to 4/19/14

72

$345

$155

N/A

$155

  

Aon

2/6/14 to 4/19/14

72

$385

$115

N/A

$115

  

Allstate

2/13/14 to 4/19/14

65

$325

$125

N/A

$125

  

PPG Industries No. 1

2/13/14 to 5/17/14

93

$380

$120

N/A

$120

  

Dillard’s No. 1

2/20/14 to 5/17/14

86

$350

$150

N/A

$150

  

Ecolab No. 1

2/20/14 to 4/19/14

58

$385

$115

N/A

$115

  

Boeing

2/27/14 to 5/17/14

79

$385

$115

N/A

$115

  

CVS Caremark

2/27/14 to 5/17/14

79

$398

$102

N/A

$102

  

Bed, Bath & Beyond

3/6/14 to 11/22/14

261

$635

$135

N/A

$135

  

Qihoo 360 Technology

3/6/14 to 3/8/14

2

$455

$115

N/A

$115

  

Fastenal

3/13/14 to 5/17/14

65

$400

$100

N/A

$100

  

FireEye

3/13/14 to 3/21/14

8

$375

($335)

N/A

($335)

  

O’Reilly Automotive No. 1

3/13/14 to 5/17/14

65

$395

$105

N/A

$105

  

Johnson & Johnson No.1

3/20/14 to 5/17/14

58

$395

$105

N/A

$105

  

McKesson Corp. No.1

3/20/14 to 6/21/14

93

$735

$265

N/A

$265

  

NextEra Energy No. 2

3/27/14 to 6/21/14

86

$400

$100

N/A

$100

  

The Hershey Company

3/27/14

512

$1,225

($1,225)

$50

($1,175)

  

The Travelers Companies

3/27/14 to 5/17/14

51

$400

$100

N/A

$100

  

Archer-Daniels-Midland

4/3/14 to 8/18/14

137

$837

($332)

N/A

($332)

  

Stratasys

4/4/14 to 9/20/14

169

$900

$100

N/A

$100

  

Amazon.com No. 8

4/10/2014 to 6/21/14

72

$775

$225

N/A

$225

  

Mylan

4/10/14 to 5/17/14

37

$370

$130

N/A

$130

  

Teradata

4/10/14

459

$575

$300

($423)

($123)

  

Deere & Co. No. 3

4/17/14 to 6/21/14

65

$370

$130

N/A

$130

  

EQT Corp.

4/17/14 to 6/21/14

65

$365

$135

N/A

$135

  

Amazon.com No. 9

4/24/2014 to 4/26/14

2

$695

$130

N/A

$130

  

Panera Bread No. 2

4/24/14 to 6/21/14

58

$390

$110

N/A

$110

  

Ulta Salon, Cosmetics & Fragrance No. 1

4/24/14 to 6/21/14

58

$400

$100

N/A

$100

  

Waters No. 2

4/24/14 to 6/20/14

57

$400

$60

N/A

$60

  

Edwards Lifesciences No. 1

5/1/14 to 6/21/14

51

$400

$100

N/A

$100

  

Meritage Homes

5/1/14 to 9/19/14

141

$400

$180

N/A

$180

  

Quest Diagnostics

5/1/14 to 6/21/14

51

$400

$100

N/A

$100

  

FMC Technologies

5/8/14 to 7/19/14

72

$395

$105

N/A

$105

  

Reynolds American

5/8/14 to 8/16/14

100

$360

$140

N/A

$140

  

Ecolab No. 2

5/15/14 to 7/19/14

65

$365

$135

N/A

$135

  

Stericycle No.3

5/15/14 to 8/16/14

93

$385

$115

N/A

$115

  

ProShares Short VIX Short-Term Futures ETF No. 2

5/16/14 to 10/18/14

155

$940

$60

N/A

$60

  

Boston Beer

5/22/14 to 7/19/14

58

$750

$250

N/A

$250

  

Omnicom

5/22/14 to 10/18/14

149

$390

$165

N/A

$165

  

V.F. Corp. No. 5

5/22/14 to 8/16/14

86

$400

$100

N/A

$100

  

Advance Auto Parts No. 2

5/29/14 to 10/17/14

141

$920

($520)

N/A

($520)

  

Amgen No. 2

5/29/14 to 10/17/14

141

$335

$320

N/A

$320

  

Walt Disney No. 1

6/5/14 to 8/15/14

71

$375

($205)

N/A

($205)

  

B/E Aerospace

6/10/14

402

$1,147

($1,147)

$88

($1,059)

  

Dick’s Sporting Goods No. 3

6/12/14 to 9/20/14

100

$370

$130

N/A

$130

  

McDonald’s No. 2

6/12/14 to 6/19/15

372

$850

$335

N/A

$335

  

Procter & Gamble No. 6

6/23/14 to 8/16/14

54

$345

$155

N/A

$155

  

Dillard’s No. 2

6/26/14 to 8/13/14

48

$370

($15)

N/A

($15)

  

Sotheby’s

6/26/14 to 2/20/15

239

$905

$190

N/A

$190

  

Cummins No. 2

7/10/14

435

$1,160

($1,160)

$405

($755)

  

Emerson Electric No. 2

7/10/14

435

$1,085

($1,085)

$222

($863)

  

Ulta Salon, Cosmetics & Fragrance No. 2

7/17/14 to 9/20/14

65

$380

$120

N/A

$120

  

Amazon.com No. 10

7/24/2014 to 7/25/14

2

$455

($332)

N/A

($332)

  

Diageo

7/24/14

358

$900

($900)

$712

($188)

  

Actavis plc

7/31/14 to 9/20/14

51

$335

$165

N/A

$165

  

LinkedIn No. 4

7/31/14 to 8/2/14

2

$455

$100

N/A

$100

  

Amazon.com No. 11

8/7/14 to 9/20/14

44

$400

$100

N/A

$100

  

Celgene No. 4

8/7/14 to 8/15/14

8

$275

($215)

N/A

($215)

  

Nike No. 3

8/14/14 to 10/18/14

65

$390

$110

N/A

$110

  

CME Group No. 3

8/21/14 to 9/20/14

30

$380

$120

N/A

$120

  

Russell 2000 Index

8/21/14 to 9/20/14

30

$390

$110

N/A

$110

  

Buffalo Wild Wings No. 2

8/28/14 to 1/17/15

142

$815

$185

N/A

$185

  

Intuit No. 3

8/28/14 to 9/20/14

23

$385

$115

N/A

$115

  

T. Rowe Price

9/4/14 to 4/17/15

225

$830

$310

N/A

$310

  

Mastercard No. 3

9/5/14 to 1/17/15

134

$585

$165

N/A

$165

  

Helmerich & Payne No. 2

9/11/14

309

$1,090

($90)

($358)

($448)

  

United Parcel Service

9/11/14 to 11/22/14

72

$395

$105

N/A

$105

  

O’Reilly Automotive No. 2

9/18/14 to 11/22/14

65

$380

$120

N/A

$120

  

Royal Caribbean Cruises

9/22/14 to 12/20/14

89

$370

$130

N/A

$130

  

Edwards Lifesciences No. 2

9/25/14 to 10/30/14

35

$325

($305)

N/A

($305)

  

Harley-Davidson

9/25/14 to 11/22/14

58

$380

$120

N/A

$120

  

Parker Hannifin No. 2

9/25/14 to 11/22/14

58

$390

$110

N/A

$110

  

Seattle Genetics

10/2/14 to 12/20/14

79

$400

$100

N/A

$100

  

Yum! Brands No. 3

10/2/14 to 11/22/14

51

$375

$125

N/A

$125

  

Kohl’s Corp. No. 2

10/9/14 to 1/17/15

100

$370

$130

N/A

$130

  

Visa

10/9/14 to 12/20/14

72

$375

$125

N/A

$125

  

Procter & Gamble No. 7

10/16/14 to 12/20/14

65

$355

$145

N/A

$145

  

Phillips 66

10/30/14 to 2/20/15

113

$790

$210

N/A

$210

  

The Coca-Cola Company No. 2

10/30/14 to 12/20/14

51

$500

$100

N/A

$100

  

Best Buy No.2

11/6/14 to 6/19/15

225

$745

$105

N/A

$105

  

SPDR Health Care ETF

11/7/14 to 12/20/14

43

$390

$110

N/A

$110

  

Western Digital

11/13/14 to 12/20/14

37

$400

$100

N/A

$100

  

CBS Corp.

11/20/14 to 12/20/14

30

$390

$110

N/A

$110

  

SPDR S&P 500 ETF No. 3

11/20/14 to 12/31/14

41

$443

$157

N/A

$157

  

Baxter International No. 3

11/26/14

233

$820

($820)

$705

($115)

  

Michael Kors

12/4/14

260

$900

($900)

$5

($895)

  

Sunoco Logistics Partners No. 3

12/4/14 to 2/20/15

78

$400

$100

N/A

$100

  

Hess No. 2

12/11/14 to 2/20/15

71

$345

$155

N/A

$155

  

Cardinal Health

12/26/14 to 2/20/15

56

$395

$105

N/A

$105

  

Dick’s Sporting Goods No. 4

12/31/14 to 3/20/15

79

$385

$115

N/A

$115

  

Zimmer Holdings

1/2/15 to 2/20/15

49

$380

$120

N/A

$120

  

Panera Bread No. 3

1/5/15 to 5/15/15

130

$865

$135

N/A

$135

  

Gold ETF No. 3

1/8/15 to 2/20/15

43

$385

$115

N/A

$115

  

iShares 20+-Year U.S. Treasury ETF No. 4

1/12/15 to 2/20/15

39

$390

$110

N/A

$110

  

Hasbro

1/15/15 to 4/17/15

92

$390

$110

N/A

$110

  

Praxair No. 3

1/15/15 to 4/17/15

92

$380

$120

N/A

$120

  

Walt Disney No. 2

1/20/15 to 2/20/15

31

$405

$95

N/A

$95

  

V.F. Corp. No. 6

1/22/15 to 3/20/15

57

$390

$110

N/A

$110

  

Kohl’s Corp. No. 3

1/22/15 to 3/20/15

57

$370

$130

N/A

$130

  

Crown Holdings

1/23/15 to 3/20/15

56

$395

$105

N/A

$105

  

The Coca-Cola Company No. 3

1/29/15

204

$372

$216

($175)

$41

  

Cognizant Technology Solutions

1/29/15 to 3/20/15

50

$400

$100

N/A

$100

  

Amazon.com No. 12

1/29/15 to 1/31/15

2

$435

($320)

N/A

($320)

  

Priceline.com No. 5

2/5/15 to 3/20/15

43

$380

$120

N/A

$120

  

3M No. 2

2/9/15 to 3/20/15

39

$390

$110

N/A

$110

  

Nike No. 4

2/19/15 to 3/20/15

29

$365

$135

N/A

$135

  

Chubb No. 2

2/19/15

148

$385

$270

($215)

$55

  

GlaxoSmithKline

2/26/15

176

$400

$125

($360)

($235)

  

Foot Locker

2/26/15 to 5/15/15

78

$355

$145

N/A

$145

  

PPG Industries No. 2

2/26/15

176

$855

($855)

$760

($95)

  

SPDR Dow Jones Industrial Average ETF

3/5/15 to 5/15/15

71

$400

$215

N/A

$215

  

Vanguard REIT ETF

3/6/15

196

$665

$245

($510)

($265)

  

Union Pacific No. 3

3/12/15

162

$892

($892)

$157

($735)

  

Campbell Soup Company

3/19/15 to 5/15/15

57

$395

$105

N/A

$105

  

Colgate-Palmolive

3/19/15 to 5/15/15

57

$385

$115

N/A

$115

  

Brown-Forman Class B

3/23/15 to 6/19/15

88

$410

$90

N/A

$90

  

Allstate

3/26/15

113

$411

($411)

$137

($274)

  

SPDR Utilities ETF

3/26/15

176

$395

$230

($237)

($7)

  

Johnson & Johnson No.2

4/2/15 to 5/15/15

43

$397

$103

N/A

$103

  

PepsiCo

4/9/15

99

$387

$113

($39)

$74

  

DTE Energy

4/9/15

99

$360

$140

($455)

($315)

  

American Tower No. 2

4/16/15

92

$380

$120

($60)

$60

  

NextEra Energy No. 3

4/16/15 to 6/19/15

64

$400

$100

N/A

$100

  

Costco Wholesale

4/23/15

85

$340

$160

($404)

($244)

  

Allergan No. 3 (name changed from Actavis plc)

4/23/15 to 6/19/15

57

$360

$140

N/A

$140

  

Edwards Lifesciences No. 3

4/30/15 to 6/19/15

50

$380

$120

N/A

$120

  

McKesson No. 2

4/30/15 to 6/19/15

50

$775

$225

N/A

$225

  

Lululemon Athletica No. 5

5/7/15 to 6/19/15

43

$400

$100

N/A

$100

  

Intuit No. 4

5/7/15

71

$395

$105

($13)

$92

  

Valero Energy

5/7/15

134

$400

$200

($143)

$57

  

ProShares Short VIX Short-Term Futures ETF No. 3

5/14/15

127

$855

$145

($465)

($320)

  

Chevron

5/19/15

122

$760

($760)

$440

($320)

  

S&P 500 Index

5/19/15 to 5/22/15

3

$355

$145

N/A

$145

  

Lennar

5/21/15

92

$400

$150

($126)

$24

  

Molson Coors No. 2

5/26/15

52

$405

$95

($50)

$45

  

Amazon.com No. 13

5/26/15

52

$400

$100

($12)

$88

  

Alexion Pharmaceuticals No. 2

5/28/15

85

$360

$140

($45)

$95

  

Southern Company

6/4/15

78

$378

$122

($181)

($59)

  

Varian Medical Systems

6/4/15

78

$375

$125

($163)

($38)

  

CME Group No. 4

6/11/15 to 6/19/15

8

$405

($340)

N/A

($340)

  

Berkshire Hathaway Class B No. 3

6/18/15

92

$335

$165

($164)

$1

  

TOTALS

 

138

$275,981

$30,310

($1,602)

$28,708

 

Total income received was $30,310 and net profit is $28,708 (excluding commissions). With interest rates so low, I conservatively assume that interest income from cash balances is zero. To generate a rate of return, just divide the $28,708 in net profit by the $275,981 in total money at risk (adding up the money at risk for all the individual trades) and the result is 10.40 percent. 

Since the S&P 500 ETF (SPY) gained 57.58 percent over the same 50-month (1520 day) period, my Options for Income service’s portfolio trailed the S&P 500 by 47.18 percent (10.40% – 57.58%). But the raw performance number for OFI is unrealistic because it assumes that cash devoted to a trade is never re-deployed. After investing $33,900 selling an Apple put naked, would you simply keep the cash uninvested after the put expired worthless for maximum profit? No, you would re-invest that $33,900 cash in a new trade! Consequently, the 10.40 percent raw return for the OFI portfolios over the past 1520 days significantly understates our true profit-generating power.

The average trade duration was 138.11 days, which remains far less than half a year, so if you want to simulate cash reinvestment, multiply the 10.40 percent 1520-day return by 11 (1520/138.11) to get a more-realistic 114.48 percent return with recycled cash.

Including dividend reinvestment for the S&P 500 increases its return to 71.89 percent, but that is 42.59 percent lower than our cash-reinvested return. To be fair, many of my Options for Income service’s members recommend a 25% cash reserve to take into account trade adjustments such as spread widenings and debit rolls, so a more conservative OFI return would be 75% of the 114.48 percent figure, or 85.86 percent, but that still outperforms the S&P 500 by 14 percentage points.

Portfolio

Raw 1520-Day Rate of Return:

4/21/11 to 6/19/15

Including Cash Reinvestment

Options for Income

10.40%

114.48%

S&P 500

57.58%

71.89%

OFI Relative Performance

-47.18%

+42.59%

 

I am also happy to say that out of the 346 total trade recommendations made over this time period, 293 have been profitable — a “win rate” of 84.68 percent. Ken Kam of Marketocracy.com, a website that tracks the performance of top investors, has written that “a winning percentage of 66 percent would be excellent and would rank among our best investors on this measure.” So, OFI’s 84.68 percent win rate is above Marketocracy.com’s threshold figure of excellence.

I like to play “what if” by slicing and dicing the OFI portfolio in different ways to see how performance could have been improved. It turns out that put spreads in the “Conservative Income” portfolio are the most successful with an astoundingly-high win rate of 91.14 percent. Boring is beautiful! Selling naked puts has a higher probability of success (i.e., increases the win rate), but a significantly lower rate of return. For example, Apple trade No. 1 involved a naked put. Even though the trade made its maximum $1,100 profit, it included a huge $33,900 margin requirement which dragged the typical 20-percent-plus rate of return from put spreads all the way down to 3.2 percent ($1,100/$33,900).

Of the 33 “Gunslinger” trades, 21 were winners and 12 were losers for a win rate of 63.64 percent, which is slightly lower than the 68.2 percent expected win rate of one-standard-deviation trades. A total return of -5.40 percent doesn’t sound profitable, and it isn’t. On the other hand, the gunslingers didn’t lose much either: – $1,375 on total investment of $275,981 (half of one percent). The most recent gunslinger was CME Group (CME) on June 11th which unfortunately didn’t work out because of a completely unforeseeable “black swan” flood on the Chicago River. The CME trade was directional call credit spread and not a neutral iron condor and, even though it was a loser, I like the idea of moving gunslingers away from iron condors and towards directional bets with positive seasonality. The neutral iron condors have no statistical “edge”, whereas seasonality provides an edge, so gunslingers with an edge are more appealing to me. Even with a seasonality edge, however, gunslingers are short-term gambling and are for entertainment purposes only.

The “Growth” portfolio remains a small after-thought, but I hope to add more LEAP calls later this year — no later than the start of the bullish October-April period. I thought about converting Linn Energy (LINE) into a LEAP call and transferring the position from Conservative Income to Growth, but it’s a troubled, debt-laden energy company that would have added no industry-sector diversification to the Growth portfolio’s current energy focus.

The “Downside Protection Hedges” Portfolio has 21 winners and only 15 losers but rate of return remains negative at -12.73%. Losing on hedges is okay, since hedges are like homeowners insurance – something you pay for but hope you’ll never need to cash in because nobody wants their house to burn down. Furthermore, total loss on hedges on a per-contract basis was only -$3,021, which amounts to only 1.1 percent of invested cash of $275,981. I think that paying 1.1 percent of assets for some downside “peace of mind” is well worth the cost. With the S&P 500 and Dow Jones Industrials continuing to hit all-time highs through late-May and the small-cap Russell 2000 through late June, bearish hedge trades aren’t expected to be winners. The fact that recent downside hedges such as Best Buy and Lululemon Athletica expired profitably may be a signal that the overall market is beginning to stall. This is definitely not the time to give up on hedges and a 10% stock-market correction sometime in the second half 2015 is highly likely.

 The OFI rate of return would have been higher in four “alternative reality” scenarios:

(1) No Apple trade No. 1 (naked put);

(2) No gunslinger trades;

(3) Only “Conservative Income” portfolio trades,

(4) Only “Conservative Income” portfolio trades but without Apple trade No. 1.

Scenario

1520-Day Rate of Return:

4/21/11 to 6/19/15

1520-Day Rate of Return Including Cash Reinvestment

Average Trade Duration in Days

Win Rate

OFI Portfolio

10.40%

114.48%

138

84.68%

No Apple Trade No. 1

11.40%

125.36%

138

84.64%

No Gunslingers

12.01%

119.90%

152

86.90%

Only Conservative Income Trades

14.96%

174.60%

130

91.14%

Only Conservative Income Trades Without Apple Trade No. 1

17.11%

199.45%

130

91.11%

Gunslingers

-5.40%

-1908.84%

4

63.64%

Downside Protection Hedges

-12.73%

-118.56%

163

58.33%