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Income Masters Trade Alert: AMAT, CVS

This is the kind of market where you take fast profits where you can. Let’s close our Applied Materials (AMAT) and CVS Health (CVS) puts.

AMAT Apr Week Five (4/29) 104 Put

Current Stock Price: $110.54

Cash in Hand: $0.51

Action: Buy to close the AMAT Apr Week Five (4/29) 104 Put for around $0.25, but adjust as needed to close today

Profit: $0.26, or $26 per contract

CVS Apr Week Five (4/29) 100 Put

Current Stock Price: $101.28

Cash in Hand: $0.81

Action: Buy to close the CVS Apr Week Five (4/29) 100 Put for around $0.56, but adjust as needed to close today

Profit: $0.25, or $25 per contract

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