Let’s book profits on our Etsy (ETSY) and Western Digital (WDC) puts. And I am recommending we accept shares of SPDR S&P Regional Banking ETF (KRE). We will sell a call to reduce our cost basis soon. ETSY Jun Week Two (6/11) 165 Put Current Stock Price: $166.55 Cash in Hand: $1.21 Action: Buy to…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open the Etsy (ETSY) Jun Week Two (6/11) 165 Put for around $1.21. You can go as low as $1.05, but please don’t start there and always use limit orders. (Current stock price: $168.57) TRADE TWO: Sell to open the…
Etsy (ETSY) popped on news it is acquiring a U.K. fashion reseller for $1.6 billion. Let’s book profits now. Current Stock Price: $175.53 Cash in Hand: $1.59 Action: Buy to close the ETSY Jun Week One (6/4) 160 Put for around $0.28 Profit: $1.31, or $131 per contract
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open the SPDR S&P Regional Banking ETF (KRE) Jun Week One (6/4) 69 Put for around $0.98. You can go as low as $0.90, but please don’t start there and always use limit orders. (Current stock price: $62.27) TRADE TWO:…
Our Chewy (CHWY) put is deep in the money. I am recommending we accept shares. We will sell a call against them soon. Our Etsy (ETSY) put is on track to expire worthless, allowing us to book the maximum profit. Our KB Home (KBH) call is also on track to expire worthless. We will sell…
We have net debits on Etsy (ETSY) and Peloton Interactive (PTON). I am recommending we initiate a new put position on ETSY and a new spread on PTON to reduce those net debits. You can enter today’s trades even if you were not in the previous ones. Just be aware that we will be…
The market is falling today despite some stellar earnings reports from big tech companies. This leads me to believe this growth must have been priced in already and that Wall Street is more concerned with too much growth (i.e., inflation) and its effect on the bond market. In light of this, I am recommending we…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open the Advanced Micro Devices (AMD) Apr Week Five (4/30) 83 Put for around $0.76. You can go as low as $0.70, but please don’t start there and always use limit orders. (Current stock price: $84.54) TRADE TWO: Sell to…
