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Income Masters Trade Alert: CVS

Let’s keep the profits rolling in by exiting our CVS Health (CVS) put.

In addition to earning a 0.8% return in two days, or 150% annualized, we’ll reduce our risk ahead of the long weekend and free up capital for new trades next week.

Current Stock Price: $101

Cash in Hand: $1.52

Action:  Buy to close the CVS Sep Week Two (9/9) 100 Put for around $0.70, but adjust as needed to close today

Profit: $0.82, or $82 per contract

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