Options Income Blueprint

OIB Trade Alert: AAPL, MRVL

The tech sell-off clobbered our Apple (AAPL) and Marvell Technology Group (MRVL) positions. I am recommending we accept shares rather than attempt to roll the puts. Next week, I will recommend calls to sell against the shares to reduce our cost basis on the positions. While I am currently targeting breakeven, that could change if…

View details

OIB Trade Alert: MU, QS, CVS

Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. You can watch a recording of the session here. Note that option prices may have moved since the Live Trading Session. Please do not chase the trades by accepting less premium than the “go as low as” price recommended below. Work…

View details

OIB Trade Alert: CVS

Let’s book profits on our CVS Health (CVS) put. Current Stock Price: $72.61 Cash in Hand: $0.56 Action: Buy to close the CVS Feb Monthly (2/19) 70 Put Current Option Price: $0.05-$0.07 Recommended Limit Price: Set your initial limit order at $0.06, but adjust as needed to close today Profit: $0.50, or $50 per contract…

View details

OIB Trade Alert: FSLR

First Solar (FSLR) is falling today. Let’s get out now rather than risk having to roll out past next week’s earnings announcement. The spread between the bid and the ask are wide. Work your limit as needed to exit quickly. Current Stock Price: $95.14 Cash in Hand: $3.45 Action: Buy to close the FSLR Feb…

View details