Michael Shulman

Income Masters Trade Alert: AMZN

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

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Income Masters Trade Alert: CVS

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…

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Income Masters Trade Alert: EXPE

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…

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Income Masters Trade Alert: AAPL, DIS

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…

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Income Masters Trade Alert: GILD

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

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Income Masters Trade Alert: CHWY

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,…

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