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: C, WBA

While I am not holding a Live Trading Session today, I am recommending new trades on two stocks we trade frequently in Options Income Blueprint.

Both companies delivered excellent earnings reports last week. And I am recommending we sell in-the-money puts to collect extremely large premiums. This will give us flexibility to roll or close early.

Please do not chase the trades by accepting less premium than the “go as low as” price recommended below. Work your limit orders but exercise patience and let the trades come to you.

Citigroup (C)

Current Stock Price: $71.84

Action: Sell to open the C Oct Week Four (10/22) 72 Put

Current Option Price: $0.68-$0.75

Recommended Limit: Set your initial limit order at $0.71. You can go as low as $0.61, but please don’t start there and always use limit orders.

Expiration: After the close on Friday, Oct. 22

Potential Rate of Return: 1% in four days, or 90% annualized, if this option expires worthless

Walgreens Boots Alliance (WBA)

Current Stock Price: $47.82

Action: Sell to open the WBA Oct Week Four (10/22) 47.50 Put

Current Option Price: $0.31-$0.37

Recommended Limit: Set your initial limit order at $0.34. You can go as low as $0.28, but please don’t start there and always use limit orders.

Expiration: After the close on Friday, Oct. 22

Potential Rate of Return: 0.7% in four days, or 65% annualized, if this option expires worthless

Go to Top
×