I am recommending we close our Delta Air Lines (DAL) put with a small loss. As I said when we put on the position, I want to trade airline stocks anecdotally rather than for the long term. This is due to my belief that the stocks in this sector are fairly to overvalued based on…
I am recommending we roll our Delta Air Lines (DAL) put out one week and to a lower strike to avoid assignment and buy ourselves some time for the stock to recover. We will be giving back some cash to do so, but we are reducing our exposure with the lower strike price. I am…
I am recommending we roll our Delta Air Lines (DAL) and The Trade Desk (TTD) puts out one week and to lower strike prices. This will reduce our exposure and hopefully buy us the necessary time to exit the positions at a profit next week. DAL Aug Week Four (8/26) 33 Put Current Stock Price:…
There was no live trading this week, and I held off putting on new trades to see if the market would react to the Federal Reserve meeting minutes. With that out of the way, I have two new trades on stocks we’ve traded successfully past. Please do not chase the trades by accepting less premium…
Let’s use today’s market rally to book profits on our Delta Air Lines (DAL), Block (SQ) and Valero (VLO) puts, earning annualized rates of return of 153%, 104% and 15%, respectively. DAL Aug Monthly (8/19) 31 Put Current Stock Price: $34.45 Cash in Hand: $0.35 Action: Buy to close the DAL Aug Monthly (8/19) 31…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Delta Air Lines (DAL) Aug Monthly (8/19) 31 Put for around $0.35. You can go as low as $0.30, but please don’t start there and always use limit orders. (Current stock price: $32.79) TRADE TWO: Sell to open Block…
Delta Air Lines (DAL) is up today, allowing us to book profits on the position we opened yesterday with a triple-digit annualized rate of return. Current Stock Price: $31.96 Cash in Hand: $0.32 Action: Buy to close the DAL Aug Week One (8/5) 29.50 Put Current Option Price: $0.11-$0.12 Recommended Limit: Set your initial limit…
Download Slides Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. Note that option prices may have moved since the…
Delta Air Lines (DAL) is up 5% this morning. Let’s book profits now, freeing up capital for new trades. Current Stock Price: $31.12 Cash in Hand: $0.43 Action: Buy to close the DAL Jul Week One (7/1) 28 Put Current Option Price: $0.15-$0.18 Recommended Limit: Set your initial limit order at $0.17, but adjust as…
Download Slides Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. Note that option prices may have moved since the…
