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Income Masters Trade Alert: JPM

Given recent market action, I am recommending we close our JPMorgan Chase (JPM) put.

Currently, you can get out with a small profit, but adjust your limit order as needed to exit the position as soon as possible.

Current Stock Price: $148.88

Cash in Hand: $0.72

Action: Buy to close the JPM Jan Week Four (1/28) 145 Put for around $0.50, but adjust as needed to close today

Profit: $0.22, or $22 per contract

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