We have calls in CVS Health (CVS), Walt Disney (DIS), Expedia (EXP) and Moderna (MRNA) expiring this week. I am recommending we roll them out two weeks. Note that the new calls expire on a Thursday, as the market is closed on Friday, April 7, in observance of Good Friday. With CVS and EXPE, we…
CVS Health (CVS) and Walt Disney (DIS) have continued to sell off with the broader market. I am recommending we roll our calls down and out one week to generate income and reduce our cost basis on the positions. CVS Mar Monthly (3/17) 83 Call Current Stock Price: $75.37 Cost Basis: $87.77 Action: Buy to…
We were assigned shares of CVS Health (CVS) and Walt Disney (DIS) last week. I am recommending calls to sell against our shares to generate income and reduce our cost basis on the positions. CVS Uncovered Shares Current Stock Price: $82.33 Cost Basis: $88.63 Action: Sell to open the CVS Mar Monthly (3/17) 83 Call…
Our CVS Health (CVS) and Walt Disney (DIS) calls are deep in the money, and I know a number of you have already been assigned shares. For anyone who has not yet been assigned, I am recommending you accept shares. I will be recommending calls to sell against both stocks next week to reduce our…
I am recommending we roll our CVS Health (CVS) and Walt Disney (DIS) puts out two weeks to avoid assignment and buy time for the stocks to recover. With DIS, we are also rolling down to reduce our risk on the trade. Both stocks are down over the past week while the broader market is…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Walt Disney (DIS) Feb Monthly (2/17) 111 Put for around $1.12. You can go as low as $1.02, but please don’t start there and always use limit orders. (Current stock price: $113.75) TRADE TWO: Sell to open CVS Health…
The premium on our CVS Health (CVS) put has fallen to a dime. Let’s book profits now rather than risk a late-week reversal. By closing today, we’ll earn 0.3% in just two days, or 49% annualized. This is the last of our open trades, meaning we have booked 17 winners in a row for this…
Below are the trades from today’s Income Madness Live Trading Session. TRADE ONE: Sell to open CVS Health (CVS) Oct Week One (10/7) 97 Put…
Let’s book profits on our CVS Health (CVS) put, earning a 0.5% return in four days, or 41% annualized. I’m worried today’s market strength could be a head fake, so let’s make hay while the sun is shining! Current Stock Price: $97.90 Cash in Hand: $0.75 Action: Buy to close the CVS Oct Week One…
Below are the trades from today’s Income Madness Live Trading Session. TRADE ONE: Sell to open CVS Health (CVS) Oct Week One (10/7) 95 Put…
