Options Income Blueprint

OIB Trade Alert: TDOC

Teladoc Health (TDOC) continues to run up. I am once again recommending we roll our put to a higher strike while keeping the expiration date the same. This will flip our net debit to cash in hand. You can enter today’s trade even if you were not in the previous one by selling the second…

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OIB Trade Alert: DAL

Delta Air Lines (DAL) is up 5% this morning. Let’s book profits now, freeing up capital for new trades. Current Stock Price: $31.12 Cash in Hand: $0.43 Action: Buy to close the DAL Jul Week One (7/1) 28 Put Current Option Price: $0.15-$0.18 Recommended Limit: Set your initial limit order at $0.17, but adjust as…

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OIB Trade Alert: GM, MRVL

I am recommending we roll our General Motors (GM) and Marvell Technology (MRVL) calls out two weeks and to lower strikes to generate more income and reduce our cost basis on the positions. GM Jun Week Four (6/24) 34 Call Current Stock Price: $33.02 Cost Basis: $47.12 Action: Buy to close the GM Jun Week…

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OIB Trade Alert: PFE

We accepted shares in a number of Options Income Blueprint positions last week. As I said, the math of selling calls simply makes more sense in the current market environment than continuing to roll the puts. Not only will we be able to collect cash, but we can capture potential appreciation when the market recovers.…

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OIB Trade Alert: TDOC

I am recommending we roll our Teladoc Health (TDOC) put to a higher strike while keeping the expiration date the same to reduce our net debit on the position. You can enter today’s trade even if you were not in the previous one by selling the second leg. Just be aware that we will be…

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OIB Trade Alert: LYFT, RUN

We accepted shares in a number of Options Income Blueprint positions last week. As I said, the math of selling calls simply makes more sense in the current market environment than continuing to roll the puts. Not only will we be able to collect cash, but we can capture potential appreciation when the market recovers.…

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OIB Trade Alert: BAC, SCHW

We accepted shares in a number of Options Income Blueprint positions last week. As I said, the math of selling calls simply makes more sense in the current market environment than continuing to roll the puts. Not only will we be able to collect cash, but we can capture potential appreciation when the market recovers.…

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OIB Trade Alert: GM, MRVL

We accepted shares in a number of Options Income Blueprint positions last week. As I said, the math of selling calls simply makes more sense in the current market environment than continuing to roll the puts. Not only will we be able to collect cash, but we can capture potential appreciation when the market recovers.…

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OIB Trade Alert: C

I am recommending we roll our Citigroup (C) put out two weeks to buy some time and generate a little income that will reduce our net debit on the position. Current Share Price: $46.26 Net Debit: $15.14 Action: Buy to close the C Jun Monthly (6/17) 50 Put for around $3.75 Sell to open the…

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