BAC

OIB Trade Alert: BAC

Let’s book excellent short-term profits on our Bank of America (BAC) put. Current Stock Price: $40.82 Cash in Hand: $0.55 Action: Buy to close the BAC Apr Week Five (4/30) 40 Put Current Option Price: $0.05-$0.06 Recommended Limit: Set your initial limit order at $0.06, but adjust as needed to close today Profit: $0.49, or…

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OIB Trade Alert: BAC

Bank of America (BAC) is rallying following an announcement from the Federal Reserve that the temporary restrictions on dividends and stock buybacks for most banks will end after June 30. Let’s take profits off the table now before bank stocks have a chance to reverse lower. Current Stock Price: $38.57 Cash in Hand: $0.43 Action:…

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OIB Trade Alert: BAC, GLW, CROX

Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. You can watch a recording of the session here. Note that option prices may have moved since the Live Trading Session. Please do not chase the trades by accepting less premium than the “go as low as” price recommended below. Work…

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OIB Trade Alert: BAC

I am recommending we book profits on our Bank of America (BAC) put. Note that I may open positions via alert before Thursday’s Live Trading Session (register here), so keep an eye on your email. Current Stock Price: $37.49 Cash in Hand: $0.31 Action: Buy to close the BAC Mar Week Two (3/12) 36.50 Put…

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OIB Trade Alert: BAC, MRNA

Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. You can watch a recording of the session on the member website this afternoon. Note that option prices may have moved since the Live Trading Session. Please do not chase the trades by accepting less premium than the “go as low…

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OIB Trade Alert: BAC

I am recommending we close our Bank of America (BAC) put. Current Stock Price: $36.24 Cash in Hand: $0.40 Action: Buy to close the BAC Mar Week One (3/5) 35.50 Put Current Option Price: $0.11-$0.12 Recommended Limit: Set your initial limit order at $0.12, but adjust as needed to close today Profit: $0.28, or $28…

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OIB Trade Alert: BAC, GM, MLHR

Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. You can watch a recording of the session here. Note that option prices may have moved since the Live Trading Session. Please do not chase the trades by accepting less premium than the “go as low as” price recommended below. Work…

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