We’re not day traders, but the profits in Brinker International (EAT) are simply too good to pass up. Let’s close it now. Current Stock Price: $64.13 Cash in Hand: $1.10 Action: Buy to close the EAT Jun Monthly (6/18) 60 Put Current Option Price: $0.50-$0.60 Recommended Limit: Set your initial limit order at $0.55, but…
Brinker International (EAT) is trading almost $10 above our put’s strike price. Let’s book excellent profits now and free up capital for future trades. Current Stock Price: $64.02 Cash in Hand: $1 Action: Buy to close the EAT Jun Monthly (6/18) 55 Put for around $0.20 Profit: $0.80, or $80 per contract
Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. You can watch a recording of the session here. Note that option prices may have moved since the Live Trading Session. Please do not chase the trades by accepting less premium than the “go as low as” price recommended below. Work…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open the Williams-Sonoma (WSM) Jun Monthly (6/18) 165 Put for around $2.77. You can go as low as $2.50, but please don’t start there and always use limit orders. (Current stock price: $171.37) TRADE TWO: Sell to open the Brinker…
