Seriously! Could it be any easier to write or orally retell fictional story summaries? Students simply fill in the "Somebody (main character(s), Wanted (goal or motive), But (problem), So (what happens with the problem?), and Finally (resolution--how does the story end?) Then, students piece together their ideas into a few concise sentences summarizing the text. This activity can be used as an oral retelling, too.
Example: The three little pigs wanted to live happily in their new homes, but the big bad wolf kept chasing them and trying to eat them. So, when he tried to come down the chimney after them, they put a pot of boiling water in the fireplace. Finally, the wolf gave up and ran away with his tail smoking!