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: MRVL

I am recommending a call to sell against our uncovered Marvell Technology (MRVL) shares to reduce our cost basis on the position. 

Note that this trade is only for members who already own MRVL shares uncovered from a previous position. 

Current Stock Price: $55.27

Cost Basis: $69.24

Action: Sell to open the MRVL May Monthly (5/20) 55 Call

Current Option Price: $2.89 -3.10

Recommended Limit: Set your initial limit order at $3.05, but adjust as needed to sell a call today

Expiration: After the close on Friday, May 20

New Cost Basis: $66.19

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

Go to Top
×