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Income Masters Trade Alert: AMAT, SBUX

Let’s book fast profits on our Applied Materials (AMAT) and Starbucks (SBUX) positions.

AMAT Jul Week Two (7/8) 85 Put

Current Stock Price: $89.97

Cash in Hand: $0.61

Action: Buy to close the AMAT Jul Week Two (7/8) 85 Put for around $0.14, but adjust as needed to close today

Profit: $0.47, or $47 per contract

SBUX Jul Week Two (7/8) 76 Put

Current Stock Price: $79.04

Cash in Hand: $0.48

Action: Buy to close the SBUX Jul Week Two (7/8) 76 Put for around $0.09, but adjust as needed to close today

Profit: $0.39, or $39 per contract

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