We rolled our Airbnb (ABNB) put to buy time for shares to recover, and our strategy has worked well. Let’s close the position now with a small loss rather than risk a downside reversal before expiration. Current Stock Price: $123.47 Cash in Hand: $2.73 Action: Buy to close the ABNB Mar Week Four (3/24) 125…
Airbnb (ABNB) is rallying today but our put remains in the money. I am recommending we roll it out a week to avoid assignment and buy time for the stock to recover. Current Stock Price: $117.72 Cash in Hand: $2.23 Action: Buy to close the ABNB Mar Monthly (3/17) 125 Put for around $7.70 Sell…
I am recommending we roll our Airbnb (ABNB) and Block (SQ) puts out one week to avoid assignment and buy time for the stocks to recover. I will discuss these positions in more depth in today’s live trading session at noon Eastern. Note that the spreads between the bid and the ask on these options…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open the Chewy (CHWY) Mar Week Two (3/10) 39.50 Put…
