Income Masters Trade Alert: AMAT
Let’s book profits on our Applied Materials (AMAT) put, earning a 0.4% return in three days, or 49% annualized. Current Stock Price: $111.70 Cash in Hand: $0.78 Action: Buy to close the AMAT Apr Week Four (4/28) 110 Put for around $0.34, but adjust as needed to close today Profit: $0.44, or $44 per contract