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…
I never take losses lightly. But there are cases when it’s simply time to throw in the towel and put your capital to better use elsewhere. We have reached that point with our Kroger (KR) and Walt Disney (DIS) positions. Both companies face a good deal of uncertainty over the next several quarters. Kroger is…
Walt Disney (DIS) is rallying today on news CEO Bob Chapek has stepped down and, in a surprise twist, will be replaced by former CEO Bob Iger. Iger will head the company for the next two years during the search for a new successor. As you know, I was not a fan of Chapek’s management,…
Walt Disney (DIS) has continued to slide since its earnings miss last week and our DIS Nov Monthly (11/18) 98 Call is on track to expire worthless. Shares are trading well below our cost basis. I want to see how the stock performs over the next week before deciding whether to sell another call or…
Walt Disney (DIS) dropped 13% in a single day following the release of its fiscal-fourth-quarter results last week. However, shares have recouped a good deal of those losses since then. As I expected, the company’s Disney+ subscriber numbers exceeded expectations with 12.1 million subscriptions added to bring the total to 164.2 million. However, the streaming…
