I recommended rolling our Crocs (CROX), D.R. Horton (DHI) and Yeti Holdings (YETI) calls down yesterday while keeping the same expiration date. The goal was to generate one more slug of cash before being called out of our shares. We are on track to be called out, and I plan to initiate recovery positions in…
I am recommending we roll our Crocs (CROX), D.R. Horton (DHI) and Yeti Holdings (YETI) calls down while keeping the same expiration date. The goal is to generate one more slug of cash before being called out of our shares. My plan is to initiate recovery positions on these names next week using LEAP call…
I am recommending we roll our D.R. Horton (DHI), SPDR S&P Biotech ETF (XBI) and Yeti Holdings (YETI) calls. DHI Mar Week One (3/4) 85 Call Current Stock Price: $87.94 Cost Basis: $98.79 Action: Buy to close the DHI Mar Week One (3/4) 85 Call for around $3.35 Sell to open the DHI Mar Monthly…
I am recommending we roll our Best Buy (BBY), D.R. Horton (DHI) and First Solar (FSLR) calls out two weeks to generate more income and reduce our cost basis on the positions. BBY Feb Monthly (2/18) 101 Call Current Stock Price: $99.59 Cost Basis: $105.26 Action: Buy to close the BBY Feb Monthly (2/18) 101…
I am recommending we roll our Best Buy (BBY), D.R. Horton (DHI), SPDR S&P Biotech ETF (XBI) and Yeti Holdings (YETI) calls. BBY Feb Week Two (2/11) 100 Call Current Stock Price: $101.51 Cost Basis: $105.61 Action: Buy to close the BBY Feb Week Two (2/11) 100 Call for around $2.06 Sell to open the…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Starbucks (SBUX) Feb Week One (2/4) 96 Put for around $0.64. You can go as low as $0.58, but please don’t start there and always use limit orders. (Current stock price: $98.02) TRADE TWO*: Sell to open the D.R.…
Our D.R. Horton (DHI) put and Danaher (DHR) bull put spread have not worked out, as both stocks sold off sharply over the past two weeks. With DHI, I am recommending we accept shares rather than attempt to roll the put. I expect we can get back to breakeven or profitability much faster by selling…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open D.R. Horton (DHI) Jan Monthly (1/21) 105 Put for around $1.55. You can go as low as $1.41, but please don’t start there and always use limit orders. (Current stock price: $107.24) TRADE TWO*: Sell to open the Danaher…
Apple (AAPL), Best Buy (BBY), First Solar (FSLR) and Yeti Holdings (YETI) have all been hit hard this past week. I am recommending we accept shares rather than attempt to roll. We will sell calls against our shares soon to reduce our cost basis on the positions. On a brighter note, our D.R. Horton (DHI)…
We have net debits on Best Buy (BBY), Crocs (CROX) and D.R. Horton (DHI). I am recommending new puts to sell on these stocks today. The income we generate will flip our net debits to cash in hand. BBY is selling off sharply today following the company’s earnings report, in which quarterly earnings beat estimates…
