Oh! My OshKosh! Wanna See What a Pair of 8000% Wins Look like? (OSK, ISRG, AAPL)

On top of lining up a potential winner of 3233% on today’s trade, we’ve got two to close for north of 8000% each.

Howzat?!

Kinda reminds me of the Pluggbutt Rapids, just south of Caribou Crotch on the Mackenzie River, where I spent a week waiting for a medivac after my canoe ripped in two on a rock, and we were tossed to the shore like an empty can of sardines.

—Right onto a long forgotten haul of gold!

It was 1988, I was just out of University, and who the hell thought of placer mining as a career?

But more on that in a future instalment.

First, we bank some cash—

We opened our ISRG initiative exactly a week ago (8 August) in a letter called Non-Invasive Penetrative Surgery.

The recommendation was to sell the ISRG October 20^th 325/330 CALL spread for $2.10 and buy the ISRG October 20^th 315/310 PUT spread for $2.00.  Total credit on the crime was $0.10.

And now…?

We’re closing the PUT spread for $2.20 (20.30/18.10), and selling the long 330 CALL for $6.60.

That puts exactly $8.90 in our pockets until such time as the short CALL expires—or we buy it back.

Should it expire worthless (as we fully expect), we’ll have succeeded in chiseling a monumental 8850% in just ONE WEEK—adjusted for minimal commissions.

And that’s both non-invasive and penetrative.

Take a Bite of This…

Details on our AAPL trade can be found HERE.

In brief, we’re holding the November 17^th 190 synthetic short and a credit of $0.60.

And…?

The trade is in-the-money FAT!

So…

Buy back the CALL for $5.30 and sell the PUT for $13.05, and you dance a sweet Debka of $8.25 NET on just a dime spent.

And that’s 8250%, bro.

And now for today’s trade.

Oshkosh Corporation (NYSE:OSK) does trucks.

Big trucks.

And her numbers look mixed to (relatively) reasonable.

• P/E is 16.63.
• Dividend Yield is 1.57%, and…
• P/B is 2.01.
• But Earnings FELL over the last five years by 15.60% per annum, and…
• Are expected to FALL an additional 22.17% over the next year.

So where’s the hope?

Certainly not in the technicals.

After the company reported earnings on August 1^st, the stock price soared.

But it’s likely reached its apex.

Have a look—

Very good chance we’ll close early for a swift gain.

The Good Lord willing!

Many happy returns!

Matt McAbby

Follow @HughLOHaynew