I am recommending we roll our Moderna (MRNA) put out two weeks to generate more income while leaving our protective put in place. The spreads are wide, so work your orders.
We continue to track the ongoing net debit we have in MRNA in the Income Masters program as well.
Note: No action is needed on the MRNA Jun Week Four (6/24) 105 Put at this time.
Current Stock Price: $126.06
Net Debit: $3.21
- Buy to close the MRNA Jun Monthly (6/17) 130 Put for around $4.50
- Sell to open the MRNA Jul Week One (7/1) 125 Put for around $6.60
- Set initial credit limit at $2.10, but adjust as needed to roll today
New Net Debit: $1.11