Chewy (CHWY) popped this morning. Let’s book profits on our put, earning a 0.9% return in six days, or 55% annualized. Current Stock Price: $35.55 Cash in Hand: $0.39 Action: Buy to close the CHWY Mar Week Five (3/31) 32 Put for around $0.10, but adjust as needed to close today Profit: $0.29, or $29…
Chewy (CWHY) is down sharply today after beating revenue and earnings estimates for the fourth quarter. Investors took issue with the online pet retailer’s flat guidance and continuing declines in active customers. We have traded CHWY successfully numerous times in the past, and I think today’s sell-off is an overreaction. I am recommending we sell…
Let’s book fast profits on our Chewy (CHWY) put, earning a 0.5% return in two days, or 83% annualized. Current Stock Price: $40.51 Cash in Hand: $0.39 Action: Buy to close the CHWY Mar Week Two (3/10) 39.50 Put for around $0.21, but adjust as needed to close today Profit: $0.18, or $18 per contract
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open the Chewy (CHWY) Mar Week Two (3/10) 39.50 Put…
I am recommending we take a loss on our Chewy (CHWY) put expiring today. With the market reacting to bad inflation news, the stock has stayed below the $40 support for too long, and it is time to move on. Current Stock Price: $39.29 Cash in Hand: $0.38 Action: Buy to close the CHWY Feb…
Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. Note that option prices may have moved since the Live Trading…
I am recommending we book fast profits on our Chewy (CHWY) put, earning an excellent annualized rate of return. Current Stock Price: $48.67 Cash in Hand: $0.31 Action: Buy to close the CHWY Feb Monthly (2/17) 44 Put Current Option Price: $0.06-$0.08 Recommended Limit: Set your initial limit order at $0.07, but adjust as needed…
Below is the trade I recommended in today’s Options Income Blueprint Live Trading Session. Note that option prices may have moved since the Live Trading…
Chewy (CHWY) is up nicely today, and we’ve exceeded our annualized rate of return goal. Let’s book profits now and free up capital for new trades this week. Current Stock Price: $43.35 Cash in Hand: $0.35 Action: Buy to close the CHWY Jan Week Four (1/27) 37 Put Current Option Price: $0.07-$0.08 Recommended Limit: Set…
Chewy (CHWY) is back in favor on Wall Street with shares up around 11% over the past three months, and that’s taking into account today’s sell-off. The company continues to benefit from bullish trends in pet ownership and spending. For more on those trends and how Chewy is capitalizing on them, check out this recent…
