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 Stock Price: $123.42

Action: No action is needed at this time

CHWY Feb Week Four (2/26) 100 Put

Chewy (CHWY) has bounced around this week but our put is currently on track to expire worthless. If it does, we will sell another put next week. If CHWY happens to close below our put’s strike, we will accept shares and sell a call.

Current Stock Price: $102.04

Action: Watch put expire

GLW Feb Week Four (2/26) 37.50 Put

Corning (GLW) appears to be attempting to establish a new trading range with a bottom at $37.50. Our put is on track to expire worthless with today’s runup. We will sell another one next week.

Current Stock Price: $38.39

Action: Watch put expire worthless

SBUX Mar Week One (3/5) 103 Call

Starbucks (SBUX) has run up sharply this week, including today’s nearly 4% pop. This was due in part to an upgrade from a BMO Capital Markets analyst who raised his rating on the stock to “outperform” and upped his price target for shares to $120 from $102. We may roll our call up next week.

Current Stock Price: $107

Action: No action is needed at this time

Disclosure: I have positions or trade in and out of AAPL, CHWY, GLW and SBUX.