I am recommending we roll our Best Buy (BBY), Crocs (CROX), First Solar (FSLR) and Yeti Holdings (YETI) calls to generate more income and reduce our cost basis on the positions. BBY Jan Monthly (1/21) 102 Call Current Stock Price: $98.88 Cost Basis: $108.93 Action: Buy to close the BBY Jan Monthly (1/21) 102 Call…
Below are the trades from today’s Income Madness Live Trading Session. TRADE ONE: Sell to open The Trade Desk (TTD) Jan Monthly (1/21) 66 Put…
Download Slides Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. Note that option prices may have moved since the…
Below are the trades from today’s Income Madness Live Trading Session. TRADE ONE: Sell to open the Advanced Micro Devices (AMD) Jan Monthly (1/21) 132…
I am recommending we roll our Pfizer (PFE) and Taiwan Semiconductor Manufacturing (TSM) puts. With PFE, we are avoiding assignment and buying time for shares…
SPDR S&P Biotech ETF (XBI) is falling as the risk-off trade persists. Our XBI Jan Week Two (1/14) 105 Call is on track to expire worthless. We will simply watch it do so and sell another call soon to reduce our cost basis on the position. Current Stock Price: $96.84 Cost Basis: $109.58 Action: Watch…
We allowed our shares of Citigroup (C) to be called away last week, incurring a net debit on the position. The goal was to avoid this week’s earnings announcement and, therefore, any unnecessary risk. The bank reported better-than-expected earnings this morning, yet shares are down about 2%. We can capitalize on the post-earnings volatility by…
Pfizer (PFE) managed to poke its head above $57 this week but has since traded back down to the $55 level. Rather than accept shares, I am recommending we roll our put out two weeks to buy some more time for the stock to move higher. If you are not currently in the PFE position…
Below are the trades from today’s Income Madness Live Trading Session. TRADE ONE: Sell to open the Taiwan Semiconductor Manufacturing (TSM) Jan Week Two (1/14)…
