DKS

Income Masters Trade Alert: DKS

The premium on our DICK’S Sporting Goods (DKS) put has fallen by more than half. Let’s close it now for two-thirds of the max profit and a 0.5% return in nine days rather than hold for another week. Current Stock Price: $133.53 Cash in Hand: $0.90 Action: Buy to close the DKS 4 Aug 126…

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Income Masters Trade Alert: DKS

We rolled our DICK’S Sporting Goods (DKS) put last week to avoid assignment and generate more income. The runup in the stock this week has dropped the put premium below our target exit price. Let’s book profits now, earning a 0.7% return in 13 days, or 20% annualized. Current Stock Price: $135.49 Cash in Hand:…

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Income Masters Trade Alert: DKS

DICK’S Sporting Goods (DKS) has fallen about 3.5% since we entered the position one week ago, with the share price dipping below our put’s strike. Let’s roll our put out two weeks and to a lower strike to avoid possible assignment, reduce our exposure to the stock and generate more income. Note that this trade…

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Options Income Trade Alert: DKS

DICK’S Sporting Goods (DKS) is a name mentioned in yesterday’s Live Trading Session. After further review, the stock looks like a good candidate for selling options. We’re going with the monthly expiration and a strike that is about 6% out of the money. Please do not chase the trade by accepting less premium than the…

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Income Masters Trade Alert: ZM, DKS

Please do not chase the trades by accepting less premium than the “go as low as” prices recommended below. Work your limit orders but exercise patience and let the trades come to you. Zoom (ZM) Current Stock Price: $65.82 Action: Sell to open ZM May Week Four (5/26) 64 Put Recommended Limit: Set your initial…

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