Skip to content
Options Income Masters
93% of My Members Collect An Extra Paycheck Every Week!
Options Income Masters
  • Main
  • OIB Training
  • Weekly Update
  • Trading
    • Menu icon-Income Masters-
    • Menu icon-Options Income Blueprint-
    • Menu icon-Income Madness Week-
  • Coaching
    • Menu iconSix Figure Portfolio Coaching Main Page
  • Training
    • Weekly Paycheck Training Program
    • Income Accelerator Coaching Main Page
    • Selling Weekly Options Workshop
    • Win 98% of Your Trades
  • About Us
  • Login
close
  • Home
  • Dashboard
  • Login

Income Madness Trade Alert: KR

Our Kroger (KR) call is in the money. I am recommending we roll out two weeks and to a higher strike price to avoid having our shares called away. While we will have to spend a bit of cash to do so, we will pick up an additional $2 per share in appreciation.

Current Stock Price: $47.67

Cost Basis: $52.80

Action:

  • Buy to close the KR Nov Monthly (11/18) 46 Call for around $1.77
  • Sell to open the KR Dec Week One (12/2) 48 Call for around $1.58
  • Set initial debit limit at $0.19, but adjust as needed to roll today

New Cost Basis: 52.99

Go to Top
×