Let’s book profits on our Beyond Meat (BYND) and Square (SQ) positions. We spent a long time digging our way out of the underwater SQ position and are finally moving on with a profit. It’s a small one, but it’s much better than the huge loss we were facing. SQ throws off excellent premiums, so…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open the Peloton Interactive (PTON) Sep Week Four (9/25) 84 Put for around $0.46. You can go as low as $0.39, but please don’t start there and always use limit orders. (Current stock price: $93.07) TRADE TWO: Sell to open…
With Apple (AAPL), Google (GOOGL) and Amazon (AMZN) on deck to report earnings tomorrow, the market could turn south quickly if any of these heavyweights disappoint. Our Beyond Meat (BYND) position is quite profitable, so I am recommending we close it now by buying back the put we sold rather than risk watching our profits…
I am recommending we roll our Beyond Meat (BYND) and Chewy (CHWY) puts. BYND Jul Week Four (7/24) 125 Put Current Stock Price: $122.67 Cash in Hand: $0.98 Action: Buy to close the BYND Jul Week Four (7/24) 125 Put for around $2.21 Sell to open the BYND Jul Week Five (7/31) 120 Put for…
Download Presentation Slides Below are the trades from today’s Six-Figure-Portfolio Coaching Live Trading Session. Action on Existing Position I am recommending we close our Peloton Interactive (PTON) put. Current Stock Price: $62.95 Cost Basis: $58.32 Action: Buy to close PTON Jul Week Four (7/24) 60 Call for around $3.50 Sell shares at market Profit: $1.13, or$113 per 100…
I am recommending we book profits on our Advanced Micro Devices (AMD) and Beyond Meat (BYND) positions. While the AMAT call doesn’t expire until next week, we’re already sitting on a large profit. Our BYND put is on track to expire worthless, but I’d rather spend a few cents and buy it back now to…
Download Presentation Slides Below are the trades from today’s Six-Figure-Portfolio Coaching Live Trading Session. TRADE ONE: Sell to open the Peloton Interactive (PTON) Jul Week Two (7/10) 59 Put for around $0.55. You can go as low as $0.47, but please don’t start there and always use limit orders. (Current stock price: $61.83) TRADE TWO:…
