Michael Shulman

Income Masters Trade Alert: SBUX

Let’s book fast profits on our Starbucks (SBUX) put rather than hold through the weekend given the uncertainty surrounding the debt ceiling debate. By closing now, we’ll earn a 0.3% return in three days, or 42% annualized. Current Stock Price: $106.58 Cash in Hand: $0.93 Action: Buy to close the SBUX May Week Four (5/26)…

View details

Income Masters Trade Alert: ABNB

We rolled our Airbnb (ABNB) put yesterday to avoid potential assignment and reduce our risk. With the stock rallying today, we have the opportunity to close the trade with a modest profit now rather than hold it for another two weeks. Let’s do it. Current Stock Price: $111.22 Cash in Hand: $1.40 Action: Buy to…

View details

Income Masters Trade Alert: ROKU

Roku (ROKU) is running up today. Let’s book profits on our put now, earning a 0.9% return in nine days, or 38% annualized. Current Stock Price: $54.20 Cash in Hand: $0.82 Action: Buy to close the ROKU May Monthly (5/19) 53 Put for around $0.32, but adjust as needed to close today Profit: $0.50, or…

View details

Income Masters Trade Alert: CVS

I am recommending we roll our CVS Health (CVS) put out two weeks to generate more income and reduce our net debit on the position. Current Stock Price: $68.89 Net Debit: $11.05 Action: Buy to close the CVS May Monthly (5/19) 68 Put for around $0.15 Sell to open the CVS June Week One (6/2)…

View details

Income Masters Trade Alert: UBER

Let’s book fast profits on our Uber (UBER) put, earning a 0.6% return in three days, or 72% annualized. Current Stock Price: $38.55 Cash in Hand: $0.45 Action: Buy to close the UBER May Week Four (5/26) 37 Put for around $0.23, but adjust as needed to close today Profit: $0.22, or $22 per contract

View details

Income Masters Trade Alert: MMM

Let’s book profits on our 3M (MMM) bull put spread, earning a 5.3% return in seven days, or 278% annualized. While the top leg is 5% out of the money, I do not want to risk an end-of-the-week reversal turning our profit into a position that needs to be managed. Current Stock Price: $100.07 Cash…

View details

Income Masters Trade Alert: ABNB

Airbnb (ABNB) sold off after we entered the position, despite the company recently reporting a 20% year-over-year increase in quarterly revenue and record bookings. Shares hit a low of $103.55 earlier this week, and while they have bounced back some, our put remains in the money. We can roll out two weeks and to a…

View details