Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Devon Energy (DVN) Jul Week One (7/1) 55 Put for around $0.77. You can go as low as $0.69, but please don’t start there and always use limit orders. (Current stock price: $64.01) TRADE TWO*: Sell to open the…
Let’s book fast profits on our Devon Energy (DVN) put. Current Stock Price: $77.67 Cash in Hand: $0.67 Action: Buy to close the DVN Jun Week Two (6/10) 71 Put for around $0.19, but adjust as needed to close today Profit: $0.48, or $48 per contract
Oil prices continue to rise despite news that OPEC will increase output. I am recommending a put to sell on Devon Energy (DVN) — a U.S. fracker we traded successfully last month – that is roughly 7% out of the money. I hope to roll the put up to a higher strike price for the…
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…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Dick’s Sporting Goods (DKS) May Week Four (5/27) 69 Put for around $0.55. You can go as low as $0.40, but please don’t start there and always use limit orders. (Current stock price: $79.25) TRADE TWO: Sell to open…
