Mike Humphreys

OIB Trade Alert: CHWY

I am recommending we take a loss on our Chewy (CHWY) put expiring today. With the market reacting to bad inflation news, the stock has stayed below the $40 support for too long, and it is time to move on. Current Stock Price: $39.29 Cash in Hand: $0.38 Action: Buy to close the CHWY Feb…

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Income Masters Trade Alert: MU

Micron Technology (MU) is grinding its way higher, so I am recommending we roll our call out two weeks and to a higher strike price. At the current midpoints, this is a cash-neutral roll. But if you need to spend some cash to roll, that’s OK. It will be worth it to capture an additional…

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