Dave Durham

Income Masters Trade Alert: AAP

Advance Auto Parts (AAP) is up more than 2% today, and the premium on the put we sold has fallen below our target exit price. Let’s book profits now and free up more cash for Income Madness. Current Stock Price: $72.81 Cash in Hand: $0.65 Action: Buy to close the AAP 18 Aug 68 Put…

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Income Masters Trade Alert: DIS

Walt Disney (DIS) is up today following the release of the company’s fiscal third-quarter results. While revenues missed estimates and Disney+ subscribers fell for the second quarter in a row, streaming losses are shrinking. The company announced it will be hiking prices for Disney+ and cracking down on password sharing. While these moves should lead…

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Income Masters Trade Alert: LNG

The premium on the long-term Cheniere Energy (LNG) put we sold has fallen to our target exit price. Let’s close it now, booking more than 70% of the max profit and freeing up capital for Income Madness, which starts tomorrow. The liquefied natural gas exporter recently reported better-than-expected second-quarter earnings and raised its full-year profit…

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Income Masters Trade Alert: GOOGL

While the premium on the Alphabet (GOOGL) put we sold is above our target closeout price of $0.20, we can currently book 50% of our max profit on the trade. Let’s do so and free up capital for Income Madness, which kicks off on Thursday. Current Stock Price: $131.34 Cash in Hand: $0.80 Action: Buy…

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Income Masters Trade Alert: XOM

Let’s book fast profits on our Exxon Mobil (XOM) put, earning a 0.3% return in one day, or 124% annualized. Current Stock Price: $108.95 Cash in Hand: $0.72 Action: Buy to close the XOM 18 Aug 103 Put for around $0.37, but adjust as needed to close today Profit: $0.35, or $35 per contract

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