Skip to content
Options Income Masters
93% of My Members Collect An Extra Paycheck Every Week!
Options Income Masters
  • Main
  • OIB Training
  • Weekly Update
  • Trading
    • Menu icon-Income Masters-
    • Menu icon-Options Income Blueprint-
    • Menu icon-Income Madness Week-
  • Coaching
    • Menu iconSix Figure Portfolio Coaching Main Page
  • Training
    • Weekly Paycheck Training Program
    • Income Accelerator Coaching Main Page
    • Selling Weekly Options Workshop
    • Win 98% of Your Trades
  • About Us
  • Login
close
  • Home
  • Dashboard
  • Login

Income Masters Trade Alert: MRNA

Moderna (MRNA) is currently trading 0.3% above the strike price of our MRNA Feb Monthly (2/17) 172.50 Put with the company scheduled to report earnings on Feb. 23. I am recommending we watch the put expire.

If it expires worthless, we will wait until after the earnings announcement to reenter the position by selling a put to reduce our large net debit.

If we are instead assigned shares, I plan to sell a call and then purchase a protective put to hedge against a post-earnings sell-off. The hope is that Moderna rallies after earnings and the put expires worthless. However, if the stock sells off sharply, the put will help offset the downside in shares.

Current Stock Price: $172.96

Net Debit: $21.65

Action: Watch put expire

Cost Basis (if assigned shares): $194.14

Go to Top
×