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

OIB Trade Alert: BAC, AMD, INTC

I am recommending we roll our Advanced Micro Devices (AMD), Bank of America (BAC) and Intel (INTC) puts. The goal with each is to avoid potential assignment while also bringing in additional income.

AMD Oct Week Five (10/30) 77 Put

Current Stock Price: $78.09

Cash in Hand: $0.79

Action:

  • Buy to close the AMD Oct Week Five (10/30) 77 Put for around $0.48
  • Sell to open the AMD Nov Week One (11/6) 75 Put for around $1.45
  • Set your initial credit limit at $0.97, but adjust as needed to roll today

New Cash in Hand: $1.76

Expiration: After the close on Friday, Nov. 6

Potential Rate of Return: 2.3% in 11 days, or 78% on an annualized basis, if this option expires worthless

BAC Oct Week Five (10/30) 24 Put

Current Stock Price: $23.36

Cash in Hand: $0.30

Action:

  • Buy to close the BAC Oct Week Five (10/30) 24 Put for around $0.69
  • Sell to open the BAC Nov Week One (11/6) 24 Put for around $1.11
  • Set your initial credit limit at $0.42, but adjust as needed to roll today

New Cash in Hand: $0.72

Expiration: After the close on Friday, Nov. 6

Potential Rate of Return: 3% in 11 days, or 100% on an annualized basis, if this option expires worthless

INTC Oct Week Five (10/30) 45.50 Put

Current Stock Price: $44.21

Net Debit: $7.16

Action:

  • Buy to close the INTC Oct Week Five (10/30) 45.50 Put for around $1.34
  • Sell to open the INTC Nov Week One (11/6) 45 Put for around $1.79
  • Set your initial credit limit at $0.45, but adjust as needed to roll today

New Net Debit: $6.71

Expiration: After the close on Friday, Nov. 6

Potential Rate of Return: I am targeting breakeven for this position

Go to Top
×