Michael Shulman

OIB Trade Alert: GM, PFE

We temporarily exited our General Motors (GM) and Pfizer (PFE) positions ahead of the companies’ earnings announcements to avoid any unnecessary risk. GM shot up after reporting better-than-expected Q4 revenue and earnings and record profits for the full year. Moreover, management issued upbeat guidance for 2023 and announced it is buying a $650 million stake…

View details

Income Masters Trade Alert: AAPL

Apple (AAPL) is scheduled to report earnings after the close today. The stock is running up into the announcement and our call is deep in the money. However, it’s possible shares could sell off sharply if earnings disappoint. Therefore, I am recommending we buy a protective put to hedge our position. If AAPL declines sharply…

View details

Income Masters Trade Alert: V

Let’s book profits on our Visa (V) bull put spread rather than risk holding it another week, earning a 3.6% return in seven days, or 188% annualized. Current Stock Price: $231.42 Cash in Hand: $0.38 Action: Buy to close the V Feb Week Two (2/10) 220 Put for around $0.37 Sell to close the V…

View details

Income Masters Trade Alert: MSFT

Let’s book profits on our Microsoft (MSFT) bull put spread, earning a 2.8% return in two days, or 511% annualized. Current Stock Price: $253.22 Cash in Hand: $0.38 Action: Buy to close the MSFT Feb Week Two (2/10) 227.50 Put for around $0.15 Sell to close the MSFT Feb Week Two (2/10) 217.50 Put for…

View details

Income Masters Trade Alert: DAL

Let’s book fast profits on our Delta Air Lines (DAL) put, earning a 0.8% return in two days, or 144% annualized. Current Stock Price: $39.86 Cash in Hand: $0.51 Action: Buy to close the DAL Feb Week Two (2/10) 38 Put for around $0.21, but adjust as needed to close today Profit: $0.30, or $30…

View details

OIB Trade Alert: ROKU

The premium on our Roku (ROKU) put has fallen by more than half in just over a day. Let’s book profits now rather than risk holding the position another week and a half. Current Stock Price: $59.25 Cash in Hand: $0.67 Action: Buy to close the ROKU Feb Week Two (2/10) 50 Put Current Option…

View details