PIPC Update

Here’s where we stand with our Perpetual Income Portfolio Club positions heading into the weekend. AAPL Mar Week One (3/5) 130 Call Apple (AAPL) has been hit hard by the tech sell-off. Our call is well out of the money and we may roll it down next week if the sector does not rebound. Current…

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OIB Trade Alert: AAPL, MRVL

The tech sell-off clobbered our Apple (AAPL) and Marvell Technology Group (MRVL) positions. I am recommending we accept shares rather than attempt to roll the puts. Next week, I will recommend calls to sell against the shares to reduce our cost basis on the positions. While I am currently targeting breakeven, that could change if…

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