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Income Madness Trade Alert: DAL, GILD

Let’s book profits on our Delta Air Lines (DAL) and Gilead Sciences (GILD) puts.

DAL Apr Week Four (4/22) 38.50 Put

Current Stock Price: $42.91

Cash in Hand: $0.36

Action: Buy to close the DAL Apr Week Four (4/22) 38.50 Put for around $0.06, but adjust as needed to close today

Profit: $0.30, or $30 per contract

GILD Apr Week Four (4/22) 61 Put

Current Stock Price: $61.87

Cash in Hand: $0.60

Action: Buy to close the GILD Apr Week Four (4/22) 61 Put for around $0.25, but adjust as needed to close today

Profit: $0.35, or $35 per contract

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