Let’s book an excellent profit on our Figs (FIGS) covered call position. Current Stock Price: $26 Cost Basis: $24.17 Action: Buy to close the FIGS Jan Monthly (1/21) 30 Call for around $0.40, but adjust as needed to close today Sell shares at market Profit: $1.43, or $143 per 100 shares
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Apple (AAPL) Dec Monthly (12/17) 170 Put for around $1.67. You can go as low as $1.57, but please don’t start there and always use limit orders. (Current stock price: $173) TRADE TWO: Buy 100 shares of Figs (FIGS)…
I am recommending we book profits on our Figs (FIGS), Intel (INTC) and Walgreens Boots Alliance (WBA) positions, freeing up capital for new trades. Remember, today’s Live Trading Session will be held at 10 a.m. Eastern. You can register here if you have not already done so. FIGS Dec Monthly (12/17) 30 Put Current Stock…
While I am not holding a Live Trading Session today, I am recommending three new trades. First, I am recommending a longer-term position on health care apparel maker Figs (FIGS). The stock sold off after a strong earnings report but appears to have stabilized. I am recommending we sell a December put. Next, I want…
Figs (FIGS) is up more than 15% on no real news. With the company expected to announce earnings next week, it makes sense to book a large profit now. Current Stock Price: $39.56 Cash in Hand: $2.15 Action: Buy to close the FIGS Nov Monthly (11/19) 35 Put for around $1.28, but adjust as needed…
Below are the trades from today’s Income Masters Live Trading Session. Action on Existing Position I am recommending we roll our SPDR S&P Biotech ETF (XBI) put out one week. You can sell the Oct. 29 put even if you were not in the previous position. Just be aware that we will be managing and…
I am recommending we close our Figs (FIGS), Sunrun (RUN) and Walgreens Boots Alliance (WBA) puts. FIGS and RUN have seen some big swings in recent days. I want to book profits on these monthly puts now to avoid the risk of potentially having to roll them into November. I also want to take profits…
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…
I am recommending that we book profits on our Figs (FIGS) put. While we’re giving back so cash to do so, we’re booking a 1.9% return in four days, or 169% annualized. Current Stock Price: $39.45 Cash in Hand: $1.50 Action: Buy to close the FIGS Oct Monthly (10/15) 35 Put for around $0.85 Profit:…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open the Crocs (CROX) Oct Monthly (10/15) 145 Put for around $3.85. You can go as low as $3.65, but please don’t start there and always use limit orders. (Current stock price: $153.02) TRADE TWO: Sell to open the Figs…
