We were assigned shares of Gilead Sciences (GILD) last week, so I am recommending a call to sell today. Note that this recommendation is only for people who already own shares of the stock from a previous position. I am also recommending we book profits on our General Motors (GM) put. While we will be…
Our Gilead Sciences (GILD) Feb Monthly (2/19) 67 Put is in the money. I am recommending we accept shares. We will sell a call against them soon to reduce our cost basis. Current Stock Price: $65.01 Cash in Hand: $0.92 Action: Accept shares Cost Basis: $66.08
I am recommending we roll our positions in Apple (AAPL), Gilead Sciences (GILD) and General Motors (GM) out one week. AAPL Feb Week Two (2/12) 136 Put Current Stock Price: $135.20 Cash in Hand: $1.06 Action: Buy to close the AAPL Feb Week Two (2/12) 136 Put for around $1.36 Sell to open the AAPL…
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…
We have the opportunity to ladder up our Applied Materials (AMAT) and Chewy (CHWY) puts to generate more income. We will be rolling to higher strike prices but keeping the expiration dates the same. If you are not currently in an AMAT and/or CHWY position, you can enter one today by selling the put with…
Our Applied Materials (AMAT), Chewy (CHWY) and Target (TGT) puts expired worthless last week. I am recommending new positions on each. Since this is going to be a very light trading week, we are going out to the Dec. 4 expiration, which will allow us to generate more cash. Note that I will not be…
Here’s where we stand with our Perpetual Income Portfolio Club positions heading into the weekend. AMAT Nov Monthly (11/20) 70 Put Applied Materials (AMAT) has finally broken out, with the stock gaining 7% this week. My guess is that the prospect of the end to the trade war with China is making traders much more…
I am recommending we ladder up our Applied Materials (AMAT) and Target (TGT) puts — i.e., roll to higher strikes for more cash. Note that the expiration date on the positions will remain the same. Both stocks have run up this week, with TGT more than 5% higher today following the release of the company’s…
I am recommending we roll all four of our Perpetual Income Portfolio Club positions today to capture more premium. If you are not currently in the Applied Materials (AMAT), Chewy (CHWY) and Target (TGT) positions, you can enter them today by selling the monthly puts. Note that Target is expected to report earnings on Wednesday,…
