Let’s book profits on our FedEx (FDX) bull put spread, earning a 5.4% return in 13 days, or 152% annualized. Current Stock Price: $210.35 Cash in Hand: $0.37 Action: Buy to close the FDX Feb Monthly (2/17) 197.50 Put for around $0.16 Sell to close the FDX Feb Monthly (2/17) 192.50 Put for around $0.06…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open First Solar (FSLR) Feb Week Two (2/10) 160 Put for around $0.95. You can go as low as $0.87, but please don’t start there and always use limit orders. (Current stock price: $174.75) TRADE TWO: Sell to open United…
Our Expedia (EXPE) spread is well out of the money and on track to expire worthless. We will simply watch it do so and sell another spread soon to reduce our net debit on the position. Our FedEx (FDX) spread is also out of the money, but the stock is giving back some of today’s…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Roku (ROKU) Jul Week Two (7/8) 75 Put for around $0.87. You can go as low as $0.80, but please don’t start there and always use limit orders. (Current stock price: $89.67) TRADE TWO: Sell to open Southwest Airlines…
Our FedEx (FDX) and Zoom Video Communications (ZM) spreads are currently on track to expire worthless tomorrow. While we would typically sit back and watch…
Below are the trades from today’s Income Madness Live Trading Session. TRADE ONE: Sell to open the Advanced Micro Devices (AMD) Jan Monthly (1/21) 132…
