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Income Masters Trade Alert: BBY, NKE, XBI

Our Best Buy (BBY), Nike (NKE) and SPDR S&P Biotech ETF (XBI) calls are on track to expire worthless. We will simply watch them do so and I will recommend new calls to sell against these names soon.

BBY May Week Two (5/13) 98 Call

Current Stock Price: $87.63

Cost Basis: $97.20

Action: Watch call expire worthless

NKE May Week Two (5/13) 125 Call

Current Stock Price: $111.78

Cost Basis: $130.14

Action: Watch call expire worthless

XBI May Week Two (5/13) 80 Call

Current Stock Price: $68.46

Cost Basis: $95.64

Action: Watch call expire worthless

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