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Income Madness Trade Alert: CVS

CVS Health (CVS) is rallying today. This trade is a great example of how you can use rolling to buy time for a position to recover. Let’s book a profit now.

Current Stock Price: $106.54

Cash in Hand: $1.37

Action: Buy to close the CVS Apr Week Four (4/22) 104 Put for around $0.27, but adjust as needed to close today

Profit: $1.10, or $110 per contract

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