I am recommending we roll our expiring Apple (AAPL), Advanced Micro Devices (AMD) and CVS Health (CVS) calls. AAPL Jan Monthly (1/21/22) 100/Feb Week Four (2/26) 134 Call Spread Note: No action is needed on the AAPL Jan Monthly (1/21/22) 100 Call at this time. Current Stock Price: $123.93 Cost Basis: $39.39 Action: Buy to…
We were assigned shares of Apple (AAPL) and Starbucks (SBUX) last week, so I am recommending calls to sell against them. If you are not currently in these positions, you can enter them today. Just be sure to purchase 100 shares of the underlying stock first for every call you plan to sell. Never sell…
Here’s where we stand with our Perpetual Income Portfolio Club positions heading into the weekend. AAPL Feb Monthly (2/19) 133 Put Apple (AAPL) has hit a bit of a rough patch. The stock continued to sell off this week, dropping around 5%. This was due in part to news that Warren Buffett cut his stake…
I am recommending we roll our Apple (AAPL), General Motors (GM) and Marvell Technology Group (MRVL) puts to buy time and generate more income. AAPL Feb Monthly (2/19) 136 Put Current Stock Price: $128.75 Cash in Hand: $2.16 Action: Buy to close the AAPL Feb Monthly (2/19) 136 Put for around $7.25 Sell to open…
I am recommending we roll our expiring positions in Apple (AAPL), Advanced Micro Devices (AMD), D.R. Horton (DHI) and Williams-Sonoma (WSM). AAPL Jan Monthly (1/21/22) 100/Feb Monthly (2/19) 140 Call Spread Note: No action is needed on our AAPL Jan Monthly (1/21/22) 100 Call at this time. Current Stock Price: $128.07 Cost Basis: $39.95 Action:…
Our Apple (AAPL) and Chewy (CHWY) shares were called away last week, so I am recommending puts to sell. Note that no action is needed on our Corning (GLW) Feb Monthly (2/19) 37 Put or Starbucks (SBUX) Feb Monthly (2/19) 107 Put at this time. AAPL Current Stock Price: $133.55 Action: Sell to open the…
Here’s where we stand with our Perpetual Income Portfolio Club positions heading into the weekend. AAPL Feb Week Two (2/12) 135 Call Apple (AAPL) is trading right around our call strike. If it closes below $135, our call will expire worthless and we will sell another one next week. If AAPL closes above that level,…
I am recommending we roll our positions in Apple (AAPL), Gilead Sciences (GILD) and General Motors (GM) out one week. AAPL Feb Week Two (2/12) 136 Put Current Stock Price: $135.20 Cash in Hand: $1.06 Action: Buy to close the AAPL Feb Week Two (2/12) 136 Put for around $1.36 Sell to open the AAPL…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open the D.R. Horton (DHI) Feb Monthly (2/19) 80 Put for around $1.02. You can go as low as $0.93, but please don’t start there and always use limit orders. (Current stock price: $82.03) TRADE TWO: Sell to open the…
Our Corning (GLW) and Starbucks (SBUX) shares were called away on Friday, so I am recommending selling puts on the stocks today. Note that no action is needed on our Apple (AAPL) Feb Week Two (2/12) 135 Call or Chewy (CHWY) Feb Week Two (2/12) 112 Call at this time. GLW Current Stock Price: $36.77…
