We have calls in CVS Health (CVS), Walt Disney (DIS), Expedia (EXP) and Moderna (MRNA) expiring this week. I am recommending we roll them out two weeks. Note that the new calls expire on a Thursday, as the market is closed on Friday, April 7, in observance of Good Friday. With CVS and EXPE, we…
I am recommending we sell a call on our uncovered Expedia (EXPE) shares to generate income and reduce our cost basis on the position. Current Stock Price: $96.82 Cost Basis: $105.79 Action: Sell to open the EXPE Mar Week Four (3/24) 99 Call for around $0.95, but adjust as needed to sell a call today…
Our Expedia (EXPE) Mar Monthly (3/17) 106 Put is deep in the money, and I know many of you have already been assigned shares. EXPE is down around 18% since we entered the position one month ago. The stock is more volatile than the broader market, generally rising more on up days and falling more…
I am recommending we roll our Expedia (EXPE) put out another week and to a lower strike price for a debit to avoid potential assignment, buy time for the stock to recover and reduce our risk on the trade. Current Stock Price: $105.59 Cash in Hand: $1.11 Action: Buy to close the EXPE Mar Week…
I am recommending we roll our Expedia (EXPE) put out two weeks and to a lower strike to buy time for shares to recover. Current Stock Price: $103.81 Cash in Hand: $0.96 Action: Buy to close the EXPE Feb Week Four (2/24) 110 Put for around $6.15 Sell to open the EXPE Mar Week Two…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Expedia (EXPE) Feb Week Four (2/24) 110 Put for around $0.96. You can go as low as $0.86, but please don’t start there and always use limit orders. (Current stock price: $113.47) TRADE TWO*: Sell to open Gilead Sciences…
I am recommending we close our Expedia (EXPE) spread now and book the loss. The trade is too high-risk to carry through tomorrow’s Federal Reserve announcement. While we have reduced our net debit by selling spreads, I want to move on from the position and put our capital to better use elsewhere. We may trade…
With little premium left in our Expedia (EXPE) spread, I am recommending we close the current position and open a new spread to reduce our net debit on the position. You can enter today’s trade even if you were not in the previous one. Just be aware that we will be managing and tracking it…
Recent earnings reports show travel demand remains strong. I am recommending a new bull put spread on Expedia (EXPE) to reduce our net debit on the position. You can enter today’s trade even if you were not in the previous one. Just be aware that we will be managing and tracking it based on the…
Our Expedia (EXPE) bull put spread is on track to expire worthless. We will simply watch it do so. I will recommend a new spread soon to reduce our net debit on the position. Generac Holdings (GNRC) is down 17% since we entered the position in late October, however shares seem to have found short-term…
