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…
Below are the trades from today’s Income Masters Live Trading Session. SPDR S&P Biotech ETF (XBI) Current Stock Price: $86.24 Action: Sell to open XBI 4 Aug 83.50 Put for around $0.83. You can go as low as $0.78. Target Exit Price: $0.40 DICK’S Sporting Goods (DKS) Current Stock Price: $133.11 Action: Sell to open…
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:…
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…
Below are the trades from today’s Income Masters Live Trading Session. Amazon (AMZN) Current Stock Price: $130.46 Action: Set a good ‘til canceled (GTC) order to sell to open AMZN 7 Jul 126 Put for $0.70 Target Exit Price: $0.30 DICK’S Sporting Goods (DKS) Current Stock Price: $135.55 Action: Sell to open DKS 7 Jul…
Both Crocs (CROX) and DICK’S Sporting Goods (DKS) are running up today while the broader market is down. The premiums on the puts we sold have fallen below our target closeout prices. Let’s close them now, booking solid profits. CROX 16 Jun 99 Put Current Stock Price: $111.85 Cash in Hand: $1.15 Action: Buy to…
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…
Zoom (ZM) Let’s book profits on our Zoom (ZM) put, earning a 0.6% return in 3 days, or 75% annualized. Current Stock Price: $66.20 Cash in Hand: $0.63 Action: Buy to close the ZM May Week Four (5/26) 64 Put for around $0.16 – 0.22, but adjust as needed to close today Profit: $0.41, or…
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…
Dick’s Sporting Goods (DKS) and Devon Energy (DVN) are running up today. Let’s book fast profits on our puts. DKS May Week Four (5/27) 69 Put Current Stock Price: $81.13 Cash in Hand: $0.55 Action: Buy to close the DKS May Week Four (5/27) 69 Put for around $0.08, but adjust as needed to close…
