We have a Peloton Interactive (PTON) standalone put and spread position expiring today, along with a Taiwan Semiconductor Manufacturing (TSM) spread. I am recommending we spend a bit of cash to close the PTON put to avoid potential assignment. The PTON spread, however, is on track to expire worthless. For the TSM spread, I am…
We have a Peloton Interactive (PTON) standalone put and spread position expiring today, along with a Taiwan Semiconductor Manufacturing (TSM) spread. I am recommending we spend a bit of cash to close the PTON put to avoid potential assignment. The PTON spread, however, is on track to expire worthless. For the TSM spread, I am…
I am recommending we roll our expiring Peloton Interactive (PTON) put to bring in more income and reduce our net debit on the position. Note: No action is needed on our PTON Apr Monthly (4/16) 105/100 Put Spread at this time. Current Stock Price: $119.59 Net Debit: $13.41 Action: Buy to close the PTON Apr…
Our Peloton Interactive (PTON) shares were called away last week, resulting in a net debit on the position. I am recommending a new put to sell today that will reduce that net debit. We also had a PTON spread expire worthless. So, I am recommending a new spread on PTON, as well as on Taiwan…
Our Peloton Interactive (PTON) call is deep in the money. Rather than roll, I am recommending we allow our shares to be called away. We will carry over a net debit and sell puts against the stock soon to work our way toward breakeven. Our PTON spread is on track to expire worthless. We will simply…
Some of you own Peloton Interactive (PTON) shares uncovered. For those people, I am recommending a call to sell to reduce out cost basis on the position. I am also recommending a spread on Peloton for those of you who have a net debit from the previous PTON spread position. Our Taiwan Semiconductor Manufacturing (TSM)…
Peloton Interactive (PTON) continues to head in the wrong direction. Our standalone put is deep in the money, and I am recommending you accept shares. We will sell calls against them to bring in income and reduce our cost basis. Our PTON put spread is on track to expire worthless. We will sell another spread…
Our Blackstone Group (BX) Mar Week Two (3/12) 70 Call is in the money and our shares are on track to be called away at a profit. While some of you may be lamenting missing out on appreciation in the shares, remember that there is no such thing as a foregone profit. I am happy…
Let’s book profits on our CVS Health (CVS) LEAP call spread. Current Stock Price: $71.92 Cost Basis: $17.31 Action: Buy to close the CVS Mar Week Two (3/12) 70 Call for around $2.09 Sell to close the CVS Jan Monthly (1/21/22) 52.50 Call for around $20.10 Profit: $0.70, or $70 per contract
The market has been choppy lately with a downward bias due to concerns about interest rates and the spillover of those concerns from bond to equity markets. Fed Chair Jerome Powell is expected to reassure markets of the central bank’s commitment to its bond-buying program during his appearance at a Wall Street Journal webinar today.…
