EXPE

Income Masters Trade Alert: EXPE

Expedia (EXPE) is up more than 3% today following strong earnings from Delta Air Lines (DAL), and the premium on the put we sold has fallen below our target exit price. Let’s book profits now, earning a 0.5% return in two days, or 90% annualized. Current Stock Price: $119.61 Cash in Hand: $0.91 Action: Buy…

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Income Masters Trade Alert: EXPE

Our previous Expedia (EXPE) roll flipped our net debit to cash in hand, and with the stock up around 3% today we have the chance to get out with a small profit. Let’s do it. Current Stock Price: $107.43 Cash in Hand: $0.51 Action: Buy to close the EXPE 30 Jun 104 Put for around…

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Income Masters Trade Alert: EXPE

Let’s roll our Expedia (EXPE) puts out two weeks to generate more cash and flip our net debit to cash in hand. Note that this trade is only for members currently in the position, as we will be looking to exit at breakeven if possible. Current Stock Price: $106.37 Net Debit: $1.17 Action: Buy to…

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Income Masters Trade Alert: EXPE

I am recommending we roll our Expedia (EXPE) put out one week and to a lower strike to avoid assignment and reduce our risk on the trade. Current Stock Price: $89.25 Net Debit: $3.68 Action: Buy to close the EXPE May Week Two (5/12) 92 Put for around $2.75 Sell to open the EXPE May…

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Income Masters Trade Alert: EXPE

I am recommending we sell an Expedia (EXPE) put to generate income and reduce our net debit on the position. The stock jumped on Friday following the release of the company’s first-quarter results. While an adjusted loss of $0.20 per share was worse than the $0.16 loss analysts were expecting, the company reported record Q1…

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Income Masters Trade Alert: CVS, EXPE

CVS Health (CVS) and Expedia (EXPE) are trading higher with the broader market. With both companies set to announce earnings this week, I am recommending we sell our uncovered shares into today’s strength. While first-quarter earnings have largely beat expectations, the market’s response has been less than enthusiastic. Thus, even if the companies deliver positive…

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Income Masters Trade Alert: CVS, EXPE

Our CVS Health (CVS) and Expedia (EXPE) calls are currently on track to expire worthless, although there’s a slim possibility we could get called out. Both companies are scheduled to report earnings next week. We will look to temporarily exit the positions or hedge ahead of the announcements. CVS Apr Week Four (4/28) 74 Call…

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