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 Trading Session: LULU, NKE, GILD, ZIM

Below are the trades from today’s Income Madness Live Trading Session.

Action on Existing Position

I am recommending we book profits on our Lululemon Athletica (LULU) spread.

Current Stock Price: $384.15

Cash in Hand: $0.36

Action:

  • Buy to close the LULU Apr Monthly (4/14) 340 Put for around $0.08
  • Sell to close the LULU Apr Monthly (4/14) 330 Put for around $0.06
  • Set initial debit limit at $0.02, but adjust as needed to close today

Profit: $0.34, or $34 per contract

New Positions

TRADE ONE: Sell to open Nike (NKE) Apr Monthly (4/14) 125 Put for around $0.53. You can go as low as $0.46, but please don’t start there and always use limit orders. (Current stock price: $127.16)

TRADE TWO: Sell to open the Gilead Sciences (GILD) Apr Week Four (4/22) 61 Put for around $0.60. You can go as low as $0.54, but please don’t start there and always use limit orders. (Current stock price: $61.76)

TRADE THREE: Sell to open the ZIM Integrated Shipping Services (ZIM) Apr Week Four (4/22) 50 Put for around $0.55. You can go as low as $0.45, but please don’t start there and always use limit orders. (Current stock price: $55.42)

Download Slides
Go to Top
×