I came in to the week with a full team. 1 position achieved the Complete status: $BDX. I have exited this position to book the gains. I am leaving in $ONXX for another attempt (good gain there so far on several attempts). $ACT was called away due to the Call side of the Collar being ITM (in the money) – those gains are now booked (was already in the Complete status column for the Fab 5). $BA looks great and should have a really good shot at getting the $100 Roll in the next week or so. I have two slots to fill going into next week.

Here is the Summary:

 Fab 5 Performance Info

• 31 with Complete status since inception (October 2011)
• Average gain of $11.93
• 40 with Not Complete status
• Average gain of $2.33

Candidates

• $APC
• $HSY
• $IOC
• $FISV
• $ROK
• $TSLA (just have to you know)
• $ACE
• $XOM (it was $85 in April, can it move $10 here or 40B in mkt cap?)

This was an active week for the Fab 5 as I managed to get every slot filled up – only to have one slot free up when I exited the final Option piece in $ONXX. However, I elected to keep $ONXX in the mix for a re-entry – and did so after earnings. The $BDX position looks very promising to be the next to do the $100 Roll (within $.40 of it at the close on Friday).

The big mover was $ACT though. It has already done the $100 Roll but I had left in due to some continued rumors regarding some M&A potential. Friday I had to do several Option adjustments to create a Collar and move up the Put strike as the rumors became actual news.

Here is the Summary:

I have added a few to the candidate list:

• $SLG
• $APD
• $ACE
• $DNB

I came in to this week needing to fill 2 empty slots and managed to add 1 new position. I also attempted to make a Call Spread in the $ONXX position but had a Stop hit on the long Call piece (a remaining Short May 97.5 Call). I closed the week with 4 positions.

The $ACT position completed the $100 Roll this week so it gets a Complete status. $HYG made a new high. I added $BDX (for a client) as the newest member.

Here is the Summary:

The candidate list:

• $DNB
• $BA
• $BWLD
• $PRE
• $LH
• $UTX

I came into this week with 3 empty slots to fill and managed to get one new position initiated in $HYG (an ETF, coolio). $ACT managed to get a Day #1 in on the $100 Roll so that is exciting. I sold premium against the Long stock position of $ONXX (since the April monthly premium expired last week) and this has helped offset the pullback in the stock. I have collected $6.10 in premium up to this point in $ONXX.

Here is the Summary:

Here is the candidate list:

• $FISV
• $BA
• $BDX
• $HSY
• $KMP
• $CERN (good earnings reaction)
• $MELI one of these days …
• $BWLD
• $PRE
• $CNI
• $LH

This week was Option expiration for the month of April and the volatility did not disappoint. The market saw the $SPX make a run at 1600 but was violently pushed back to test the 50 SMA. It held that level Friday (1543.90) & bounced so it will be important to watch how Monday plays out.

For the Fab 5, I finished the week with 3 empty slots. $RNR was the first to hit a stop on 4/15. This position goes in the “Not Complete” category. On 4/17 the $CERN hit a stop at B/E and it too goes in the “Not Complete” category. The $AMGN position had already completed the $100 Roll but had April Options as part of the trade. Since these options (Collar) were expiring I elected to plan for closing the trade on Friday – and did so. This trade gets the “Complete” status. The $KSU position was closed earlier in the month but I had April Option pieces still on. The final piece, a Short 95 Put for April, expired. This $KSU position is in the “Complete” status.

The remaining 2 positions in the Fab 5 are: $ACT $ONXX.

Here is the Summary:

Performance Information

• 29 trades with Complete status since inception (October 2011)
• Average gain of $11.30
• 40 trades with “Not Complete” status
• Average gain of $2.33

Candidate List

• $HSY
• $KMP
• $CERN (will keep this on the list, needs to firm up above $90)
• $MELI one of these days …
• $BWLD
• $PRE
• $UTX (big mkt cap and may be hard for it to move fast enough with the Time rule)
• $LH

A solid week for the U.S. markets and this is reflected in the Fab 5 as well. Only the $RNR positions continues to run in place while the other 4 have moved nicely away from the original entry. $AMGN has been in the basket for 3 weeks and has a $18 gain. This prompted me to initiate a Collar for April to protect these gains.

The $ACT position continues to be the front-runner for the next $100 Roll with $ONXX on its heels. Here is the Summary:

The $KSU piece that remains is a short April 95 Put that I expect to expire worthless next week (or will buy back if/when it gets to $.10 area).

A week full of ups and downs but ends ok for the Fab 5 basket of stocks. $RNR is under the most pressure but holding above the key $90 level (barely). I have only one Option piece remaining from the $KSU trade (short April 95 Put) but It does have a Complete status along with $AMGN.

The total price gain on the current basket to date is 28.51 (including profit from Option pieces closed).

Here is the Summary:

We are kicking off earnings season so I am hoping for a few good candidates to fill the one empty slot I have now. A short candidate list:

• $UTX
• $BDX
• $LH

$ALXN looks great to do the $100 Roll this week but does not qualify due to it being so close to $100 now. Nice breakout play for those looking for such.

A solid week for the Fab 5 as all positions saw a gain. The best performer was $AMGN as it put in a Day #1 & #2 on the $100 Roll. I had made an adjustment to $KSU on the pullback (but it recovered nicely). I will close this position in the coming week to make room for a new candidate ($KSU has already completed the $100 Roll and has been in the basket long enough).

Here is the Summary:

I came in to this week with just 1 position for the Fab 5 and that was $KSU. With 4 empty slots to fill it was time to roll up my sleeves. I had a solid candidate list so I just waited until I found a day where I could make good entries. I added $ACT $AMGN & $RNR on 3/21 and then added $CERN to end the week on 3/22.

Here is the Summary:

There are no new candidates to add to the current list this week.

Here are some current performance #s for the Fab 5:

• 27 positions with “Complete” status since inception (October 2011)
• Average gain of $10.90
• $GS was the 1st to achieve this status
• 38 positions with “Not Complete” status since inception
• Average gain of $2.51

It is harder to find candidates for this basket of stocks as so many are a tad extended – even though there are a lot of quality names. I do have 4 empty slots to fill now as the $ARG position was called away and I closed $SJM earlier in the week (but will revisit soon so I am leaving it in). Only $KSU survived into the weekend so I have a lot of work to do in the selection process.

Here is a Summary:

The Fab 5 Candidate List:

• $CHTR (new)
• $APD (new)
• $RNR (new, tad extended though)
• $ACT (new)
• $AMGN
• $DE
• $BDX (new)
• $CLR
• $CERN
• $KMB
• $ENR
• $HYG (new)
• $IWM (new)