Salesforce (CRM) is up more than 6% today thanks to the tech rally. Let’s book profits on our spread now, earnings a 4.8% absolute return. I also want to close out our SPDR S&P Regional Banking ETF (KRE) put. While we will only be booking a small profit, our patience paid off and we avoided…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Capri Holdings (CPRI) Jun Week Two (6/10) 45 Put for around $0.57. You can go as low as $0.45, but please don’t start there and always use limit orders. (Current stock price: $49.01) TRADE TWO*: Sell to open the…
Let’s book profits on our Salesforce (CRM) and Lyft (LYFT) positions. CRM Mar Monthly (3/18) 180/175 Put Spread Current Stock Price: $204.20 Cash in Hand: $0.27 Action: Buy to close the CRM Mar Monthly (3/18) 180 Put for around $0.105 Sell to close the CRM Mar Monthly (3/18) 175 Put for around $0.0 Set initial…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Marriott International (MAR) Mar Monthly (3/18) 145 Put for around $1. You can go as low as $0.88, but please don’t start there and always use limit orders. (Current stock price: $160.99) TRADE TWO: Sell to open the Salesforce…
Salesforce (CRM) has been hit hard. Given the uncertainty in the market, and the tech sector in particular, I am recommending we close the position…
Below are the trades from today’s Income Madness Live Trading Session. Action on Existing Positions I am recommending we close our SPDR S&P Regional Banking…
I typically like to let our bull put spreads go to expiration. But given recent market volatility, I am recommending we take profits on our Salesforce.com (CRM) and Microsoft (MSFT) spreads now. CRM Dec Week Two (12/10) 250/245 Put Spread Current Stock Price: $266.99 Cash in Hand: $0.64 Action: Buy to close the CRM Dec…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Apple (AAPL) Dec Week One (12/3) 167.50 Put for around $1.07. You can go as low as $1, but please don’t start there and always use limit orders. (Current stock price: $169.58) TRADE TWO: Sell to open SPDR S&P…
Let’s book profits on our salesforce (CRM) spread while the market is up on promising news about a potential coronavirus vaccine. Current Stock Price: $266.94 Cash in Hand: $1.13 Action: Buy to close the CRM Nov Monthly (11/20) 220 Put for around $0.18 Sell to close the CRM Nov Monthly (11/20) 210 Put for around…
Let’s book profits on our salesforce (CRM) spread while the market is up on promising news about a potential coronavirus vaccine. Current Stock Price: $266.94 Cash in Hand: $1.13 Action: Buy to close the CRM Nov Monthly (11/20) 220 Put for around $0.18 Sell to close the CRM Nov Monthly (11/20) 210 Put for around…
