Archive

Sell to close the VanEck Vectors Oil Services ETF (OIH) October 18, 2019 $16 call option. I don’t like the way OIH is acting. I recommend closing the position at this time. We will likely have a new trade soon. Read More

Buy to open the VanEck Vectors Oil Services ETF (OIH) October 18, 2019 $16 call option. Pay no more than $1.10. Oil services stocks have been beaten down and recently they have slid more with the heightening of trade tensions. I expect a rebound in the OIH and I like… Read More

Sell to close the Regeneron Pharmaceuticals (NSDQ: REGN) August 16, 2019 $395 call option. Regeneron (NSDQ: REGN) reported disappointing earnings this morning. Although we believe Regeneron is a quality company for the long run, since we have a shorter term play via the call option, we think it prudent to… Read More

Is Warren Buffett’s willingness to invest $10 billion to help Occidental Petroleum (NYSE: OXY) acquire Anadarko Petroleum (NYSE: APC) – whose most important assets are its extensive shale holdings in the Permian Basin – a sign that strong shale production growth is a sure thing? We wouldn’t read it that… Read More

Buy to open the Regeneron Pharmaceuticals (NASQ: REGN) August 16, 2019 $395 call option. Pay no more than $6.55. The stock indicators are just a bit better than neutral and do not justify buying a SPY call. Other indicators on other ETF’s are also in the neutral area. Thus, our… Read More

Buy to open the Berkshire Hathaway (NYSE: BRK/B) $220 September 20, 2019 call option. Pay no more than $4.10. Berkshire’s multiple businesses include a managed portfolio of nearly $180 billion along with literally hundreds of wholly or near wholly owned subsidiaries. These range from one of the… Read More

Sell to close the Energy Select Sector SPDR (XLE) June 21, 2019 $66 call option. My oil stock indicator is still bullish, but it is tracking my stock indicator a little too closely for my liking. Since we already have a call on the S&P 500, it amounts to a… Read More