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, MU

I am recommending we roll our Marvell Technology Group (MRVL) put and Micron Technology (MU) call.

MRVL Jun Monthly (6/18) 53 Put

Current Stock Price: $55.15

Net Debit: $4.45

Action:

  • Buy to close the MRVL Jun Monthly (6/18) 53 Put for around $0.10
  • Sell to open the MRVL Jun Week Four (6/25) 54 Put for around $0.60
  • Set your initial credit limit at $0.50, but adjust as needed to roll today

New Net Debit: $3.95

Expiration: After the close on Friday, June 25

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

MU Jun Monthly (6/18) 80 Call

Current Stock Price: $81.23

Cost Basis: $85.35

Action:

  • Buy to close the MU Jun Monthly (6/18) 80 Call for around $1.49
  • Sell to open the MU Jun Week Four (6/25) 80 Call for around $2.27
  • Set your initial credit limit at $0.78, but adjust as needed to roll today

New Cost Basis: $84.57

Expiration: After the close on Friday, June 25

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

Go to Top
×