I am recommending we roll our Best Buy (BBY), Crocs (CROX), First Solar (FSLR) and Yeti Holdings (YETI) calls to generate more income and reduce our cost basis on the positions. BBY Jan Monthly (1/21) 102 Call Current Stock Price: $98.88 Cost Basis: $108.93 Action: Buy to close the BBY Jan Monthly (1/21) 102 Call…
I am recommending we roll our Best Buy (BBY), First Solar (FSLR), Target (TGT) and Yeti Holdings (YETI) calls out two weeks to capture more income and/or appreciation. BBY Jan Week One (1/7) 100 Call Current Stock Price: $105.58 Cost Basis: $108.03 Action: Buy to close the BBY Jan Week One (1/7) 100 Call for…
I am recommending we roll our Best Buy (BBY), First Solar (FSLR), Target (TGT) and Yeti Holdings (YETI) calls out two weeks to generate more income and reduce our cost basis on the positions. BBY Dec Week Four (12/23) 102 Call Current Stock Price: $97.43 Cost Basis: $109.41 Action: Buy to close the BBY Dec…
I am recommending we roll our Best Buy (BBY), First Solar (FSLR), Target (TGT) and Yeti Holdings (YETI) call positions. BBY Dec Monthly (12/17) 108 Call Current Stock Price: $100.62 Cost Basis: $110.85 Action: Buy to close the BBY Dec Monthly (12/17) 108 Call for around $0.07 Sell to open the BBY Dec Week Four…
I am recommending we roll our Advanced Micro Devices (AMD), Bank of America (BAC) and First Solar (FSLR) positions out one week to generate more income. AMD Dec Week Two (12/10) 145 Put Current Stock Price: $142.20 Cash in Hand: $2.09 Action: Buy to close the AMD Dec Week Two (12/10) 145 Put for around…
We currently own shares of Apple (AAPL) and First Solar (FSLR) uncovered. I am recommending we sell our AAPL shares at a profit. And let’s sell a call against our FSLR shares to reduce our cost basis. AAPL Uncovered Shares Current Stock Price: $171.04 Cost Basis: $166.43 Action: Sell shares at market Profit: $4.67, or…
Apple (AAPL), Best Buy (BBY), First Solar (FSLR) and Yeti Holdings (YETI) have all been hit hard this past week. I am recommending we accept shares rather than attempt to roll. We will sell calls against our shares soon to reduce our cost basis on the positions. On a brighter note, our D.R. Horton (DHI)…
Almost immediately after we initiated our First Solar (FSLR) trade yesterday, news hit that the U.S. Court of International Trade ruled to reduce tariff rates on solar panels, which means lower tariffs on some of First Solar’s competitors’ products. The stock sold off sharply on the news but is recovering some of those losses today. I…
While I am not holding Live Trading Sessions this week, I am recommending new trades in CVS Health (CVS) and First Solar (FSLR). TRADE ONE: Sell to open CVS Nov Monthly (11/19) 93 Put for around $0.47. You can go as low as $0.41, but please don’t start there and always use limit orders. (Current…
Let’s book profits on our Applied Materials (AMAT), First Solar (FSLR) and SPDR S&P Biotech ETF (XBI) positions. AMAT Nov Week One (11/5) 130 Put Current Stock Price: $135.79 Cash in Hand: $1.77 Action: Buy to close the AMAT Nov Week One (11/5) 130 Put for around $0.74, but adjust as needed to close today…
