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:…
I am recommending we roll our Advanced Micro Devices (AMD) call and book profits on our Crocs (CROX) position. AMD Feb Week Two (2/12) 90 Call Current Stock Price: $92.65 Cost Basis: $86.82 Action: Buy to close the AMD Feb Week Two (2/12) 90 Call for around $2.83 Sell to open the AMD Feb Monthly…
I am recommending we roll our Advanced Micro Devices (AMD), Micron Technology (MU) and Starbucks (SBUX) positions. AMD Feb Week One (2/5) 92.50 Call Current Stock Price: $87.32 Cost Basis: $87.84 Action: Buy to close the AMD Feb Week One (2/5) 92.50 Call for around $0.05 Sell to open the AMD Feb Week Two (2/12)…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open the Microsoft (MSFT) Jan Week Five (1/29) 232.50 Put for around $1.61. You can go as low as $1.50, but please don’t start there and always use limit orders. (Current stock price: $234.87) Or… Bull Put Spread*: Sell to…
I am recommending we close our remaining positions — the Advanced Micro Devices (AMD) put and the Lululemon Athletica (LULU) spread — and shut the books on another wildly successful round of Income Madness. We closed 20 winners in a row. Traders who sold just one contract of each could have earned $1,203 in income.…
I am recommending we roll our Advanced Micro Devices (AMD) put out one week and to a lower strike. By doing so, we will avoid assignment and reduce our risk on the position. Crocs (CROX) is flirting with the strike price of our put, so I am recommending we close it now at a modest…
Below are the trades from today’s Income Madness Live Trading Session. Action on Existing Positions I am recommending we close our Corning (GLW) and Chewy (CHWY) puts. GLW Jan Monthly (1/15) 37 Put Current Stock Price: $37.50 Cash in Hand: $0.53 Action: Buy to close the GLW Jan Monthly (1/15) 37 Put for around $0.22,…
We have put positions in Advanced Micro Devices (AMD), Chewy (CHWY), D.R. Horton (DHI) and Peloton Interactive (PTON) expiring today. I am recommending we book profits on AMD and allow our CHWY put to expire worthless. Note that Chewy is expected to announce earnings on Dec. 8. Be mindful of that if you are trading…
We have put positions in Advanced Micro Devices (AMD), Chewy (CHWY), D.R. Horton (DHI) and Peloton Interactive (PTON) expiring today. I am recommending we book profits on AMD and allow our CHWY put to expire worthless. Note that Chewy is expected to announce earnings on Dec. 8. Be mindful of that if you are trading…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open the Advanced Micro Devices (AMD) Dec Week One (12/4) 91 Put for around $0.87. You can go as low as $0.82, but please don’t start there and always use limit orders. (Current stock price: $93.45) TRADE TWO: Buy 100…
