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Income Masters Trade Alert: QS, TAN

We were assigned shares of QuantumScape (QS) and Invesco Solar ETF (TAN) last week. I am recommending calls to sell against those uncovered shares to reduce our cost basis on the positions.

QS Uncovered Shares

Current Stock Price: $32.08

Cost Basis: $43.25

Action: Sell to open the QS Apr Week Four (4/23) 37 Call for around $0.52

New Cost Basis: $42.73

TAN Uncovered Shares

Current Stock Price: $83.68

Cost Basis: $87.70

Action: Sell to open the TAN Apr Week Four (4/23) 85 Call for around $1.10

New Cost Basis: $86.60

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