Let’s keep the cash rolling in by booking fast profits on our Blackstone (BX), NVIDIA (NVDA) and Zoom Video Communications (ZM) bull put spreads. BX Jul Monthly (7/15) 70/65 Put Spread Current Stock Price: $97.52 Cash in Hand: $0.36 Action: Buy to close the BX Jul Monthly (7/15) 70 Put for around $0.20 Sell to…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Devon Energy (DVN) Jul Week One (7/1) 55 Put for around $0.77. You can go as low as $0.69, but please don’t start there and always use limit orders. (Current stock price: $64.01) TRADE TWO*: Sell to open the…
Let’s keep the profits rolling in by closing our Blackstone (BX) put and freeing up capital for new trades. Current Stock Price: $106.67 Cash in Hand: $0.53 Action: Buy to close the BX May Week Four (5/27) 90 Put for around $0.14, but adjust a needed to close today Profit: $0.39, or $39 per contract
Below is the trade from today’s Income Masters Live Trading Session. ACTION: Sell to open Blackstone (BX) May Week Four (5/27) 90 Put for around $0.53. You can go as low as $0.45, but please don’t start there and always use limit orders. (Current stock price: $103.87) Download Presentation Slides
I am recommending we book profits on our Blackstone (BX) put. We are on track to be assigned shares of Mosaic Company (MOS). The company is scheduled to announce earnings on May 2, after the closing bell. I will be recommending that we sell our shares on Monday. We will re-enter the position after earnings…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Blackstone (BX) Apr Week Five (4/29) 107 Put for around $0.95. You can go as low as $0.81, but please don’t start there and always use limit orders. (Current stock price: $114.73) TRADE TWO*: Sell to open the NVIDIA…
Our Blackstone Group (BX) Mar Week Two (3/12) 70 Call is in the money and our shares are on track to be called away at a profit. While some of you may be lamenting missing out on appreciation in the shares, remember that there is no such thing as a foregone profit. I am happy…
The market has been choppy lately with a downward bias due to concerns about interest rates and the spillover of those concerns from bond to equity markets. Fed Chair Jerome Powell is expected to reassure markets of the central bank’s commitment to its bond-buying program during his appearance at a Wall Street Journal webinar today.…
Our Blackstone Group (BX) call expired worthless last week, so I am recommending a new call to sell today. Note that this recommendation is only for people who already own shares of the stock uncovered from a previous position. I am also recommending we roll the short leg of our CVS Health (CVS) call spread.…
Our Blackstone Group (BX) call is on track to expire worthless. I will recommend a new call to sell against the shares soon. Marvell Technology Group (MRVL) is currently trading above our call’s strike. If our shares are called away, we will book a profit. However, if the stock closes below $51, our call will…
