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Income Masters Trade Alert: V

Let’s keep the profits rolling in by closing our Visa (V) bull put spread, earning a 5% return in two days, or 913% annualized.

Current Stock Price: $216.73

Cash in Hand: $0.34

Action:

  • Buy to close the V Jan Week Two (1/13) 200 Put for around $0.16
  • Sell to close the V Jan Week Two (1/13) 195 Put for around $0.07
  • Set initial debit limit at $0.09, but adjust as needed to close today

Profit: $0.25, or $25 per spread

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