Options Income Trading Session: ROKU, CROX, AMZN
Below are the trades we recommended in today’s Options Income Live Trading Session. Note that option prices may have moved since the Live Trading Session.…
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OIB Trade Alerts
Options Income Trade Alert: TTD
The premium on The Trade Desk (TTD) put we sold has dropped below our target closeout price following yesterday’s 3%-plus pop in the stock. Let’s book profits now. Current Stock Price: $70.14 Cash in Hand: $0.56 Action: Buy to close the TTD 2 Jun 65 Put Recommended Limit: Set your initial limit order at $0.09,…
Options Income Trade Alert: ROKU
Roku (ROKU) is up more than 4% this morning and the put premium has dropped below our target closeout price. Let’s book profits now and free up capital for tomorrow’s Live Trading Session. Current Stock Price: $58.71 Cash in Hand: $0.57 Action: Buy to close the ROKU 9 Jun 48 Put Recommended Limit: Set your…
Options Income Trade Alert: ROKU
The market has turned positive on debit ceiling discussion optimism and this gives us a chance to get back into a new trade position. Let’s go back to Roku Inc. (ROKU) for a strike 10% out of the money at a solid credit. Please do not chase the trade by accepting less premium than the…
Options Income Trade Alert: TTD
With the debt ceiling deadline approaching and the unknown outcome of current negotiations, we are going to play it on the cautious side with our trading this week. We are going back to Trade Desk (TTD) for a short-term income play. Please do not chase the trade by accepting less premium than the “go as…
Options Income Trade Alert: MRVL
Our Marvell Technology (MRVL) put is well out of the money after the stock rallied this week. Given that the company is scheduled to announce earnings on May 25, we are simply going to watch the put expire worthless. Once we see how the market responds to what the semiconductor maker has to say, we…
Options Income Trade Alert: CROX
Let’s book fast profits on our Crocs (CROX) put. While the cost to close remains about a dime above our original target exit price, there’s too much cash sitting on the table after just 24 hours to risk holding the position through the weekend given the added uncertainty surrounding the debt ceiling debate. So, let’s…
Options Income Trade Alert: TTD
Let’s book fast profits on The Trade Desk (TTD). While the midpoint is a penny above our target closeout, the stock is up around 3% today. Let’s not risk watching it reverse and instead put that cash in our pockets. If you work your limit order, you may be able to get out for $0.30.…
Options Income Trade Alert: PFE
It’s time to move on from our Pfizer (PFE) position. We will be booking a large loss and did not make this decision lightly. However, there is very little good news in the stock as it relates to selling options for income. PFE continues to make new lows as the accelerated revenue benefit the company…
Options Income Trade Alert: COF
Let’s book fast profits on our Capital One Financial (COF) put. Current Stock Price: $93.76 Cash in Hand: $0.81 Action: Buy to close the COF 26 May 88 Put Recommended Limit: Set your initial limit order at $0.45, but adjust as needed to close today Profit: $0.36, or $36 per contract Rate of Return: 0.4%…