I am recommending we roll our Bank of America (BAC) put to generate more income and reduce our net debit on the position. We are going out two weeks due to next week’s Federal Reserve meeting. While the Fed is widely expected to raise rates 0.75%, the market could move sharply in either direction based…
I am recommending we roll our Bank of America (BAC) put out two weeks to generate more income and reduce our net debit on the position. You can enter the second leg of today’s trade even if you were not in the previous one. Just be aware that we will be managing and tracking it…
I am recommending we roll our Bank of America (BAC) put out one week to generate more income and reduce our net debit on the position. You can enter the second leg of the BAC trade even if you were not in the previous one. Just be aware that we will be managing and tracking…
I am recommending we roll our Bank of America (BAC), Citigroup (C) and Charles Schwab (SCHW) puts to generate more income and reduce our net debits on the positions. You can enter the second leg of today’s trades even if you were not in the previous ones. Just be aware that we will be managing…
I am recommending we roll our Bank of America (BAC) and Citigroup (C) puts out one week to generate more income and reduce our net debits on the positions. You can enter the second leg of today’s trades even if you were not in the previous ones. Just be aware that we will be managing…
I am recommending we roll our Bank of America (BAC) and Citigroup (C) puts out one week to generate more income and reduce our net debits on the positions. You can enter today’s trades even if you were not in the previous ones. Just be aware that we will be managing and tracking them based…
I am recommending we roll our Bank of America (BAC) and Citigroup (C) puts out one week and to higher strike prices. The income we generate will reduce our net debit on the positions. However, you can enter the second leg of today’s trades even if you were not in the previous ones. Just be…
Friday’s rally took Bank of America (BAC) and Citigroup (C) beyond our calls’ strikes and we were called out of our shares with large net debits. As I mentioned last week, Citigroup reported better-than-expected results on Friday. Today, Bank of America reported mixed results. Second-quarter revenue increased 6% year over year while profits declined 32%…
Disappointing earnings from JPMorgan Chase (JPM) and Morgan Stanley (MS) led to a sell-off in financials Thursday that spilled over into the broader market. But stocks came roaring back on Friday after retail sales data beat forecasts. The financial sector outperformed following better-than-expected results from Citigroup (C) and Wells Fargo (WFC). Citigroup’s second-quarter profits beat…
I am recommending we roll our Bank of America (BAC), General Motors (GM) and Marvell Technology (MRVL) calls out one week and to lower strikes to generate more income and reduce our cost basis on the positions. Note that these trades are only for members who already own shares of BAC, GM and MRVL uncovered…
