Options Income Trade Alert: DASH

Let’s book profits on our DoorDash (DASH) put. While our rate of return is below our target, we’re reducing our risk by not holding this volatile consumer discretionary stock through tomorrow’s CPI report. Plus, no one ever went broke taking a profit! Current Stock Price: $62.77 Cash in Hand: $0.53 Action: Buy to close the…

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OIB Trade Alert: CHWY, DASH

While there is no Options Income Blueprint Live Trading Session today, we are going to put on two new trades. The first is a familiar name to longtime members, online pet retailer Chewy (CHWY). The company reported its latest quarterly results on March 23, delivering record revenue, profitability and free cash flow. Revenue was up…

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