DoorDash (DASH) is up slightly today while the broader market struggles. The premium on the put we sold has fallen below our target exit price. Let’s book profits now. Current Stock Price: $73.32 Cash in Hand: $0.83 Action: Buy to close the DASH 30 Jun 67 Put Recommended Limit: Set your initial limit order at…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Devon Energy (DVN) 30 Jun 48 Put for around $0.51. You can go as low as $0.44, but please don’t start there and always use limit orders. (Current stock price: $50.04) TRADE TWO: Sell to open Alphabet (GOOGL) 30…
Let’s book fast profits on our Amazon (AMZN) put, earning a 0.3% return in three days, or 42% annualized. Current Stock Price: $126.01 Cash in Hand: $0.72 Action: Buy to close the AMZN Jun Monthly (6/16) 124 Put for around $0.29, but adjust as needed to close today Profit: $0.43, or $43 per contract
CVS Health (CVS) is rallying today following yesterday’s sharp drop in shares. The decline was spurred by comments from UnitedHealth (UNH) CEO Tim Noel, who said older Americans are increasingly opting for elective surgical procedures, which could drive up costs for insurers. Let’s roll our put out two weeks to avoid potential assignment, picking up…
Let’s roll our Expedia (EXPE) puts out two weeks to generate more cash and flip our net debit to cash in hand. Note that this trade is only for members currently in the position, as we will be looking to exit at breakeven if possible. Current Stock Price: $106.37 Net Debit: $1.17 Action: Buy to…
Let’s roll our Apple (AAPL) and Walt Disney (DIS) puts out two weeks to generate more cash and reduce our net debits on the positions. Note that these trades are only for members currently in the positions, as we will be looking to exit these positions at breakeven if possible. AAPL Jun Monthly (6/16) 175…
Let’s book profits on our Gilead Sciences (GILD) put, earning a 0.7% return in three days, or 85% annualized. Current Stock Price: $78.34 Cash in Hand: $0.67 Action: Buy to close the GILD Jun Monthly (6/16) 77 Put for around $0.13, but adjust as needed to close today Profit: $0.54, or $54 per contract
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Amazon (AMZN) Jun Monthly (6/16) 124 Put for around $0.72. You can go as low as $0.68, but please don’t start there and always use limit orders. (Current stock price: $126.42) TRADE TWO: Sell to open Gilead Sciences (GILD)…
The Trade Desk (TTD) is rallying today after the latest consumer price index (CPI) showed inflation fell to a two-year low in May. Let’s book profits now. Current Stock Price: $76.40 Cash in Hand: $0.57 Action: Buy to close the TTD 16 Jun 71 Put Recommended Limit: Set your initial limit order at $0.11, but…
Chewy (CHWY) is up around 5% today. Let’s book profits on our put now, earning a 0.6% return in five days, or 47% annualized. Current Stock Price: $38.64 Cash in Hand: $0.33 Action: Buy to close the CHWY Jun Monthly (6/16) 35.50 Put for around $0.10, but adjust as needed to close today Profit: $0.23,…
