GILD

OIB Trade Alert: GILD, MU

I am recommending we close our Gilead Sciences (GILD) put with a tidy profit. And let’s roll our Micron Technology (MU) put out two weeks. I anticipate the stock bouncing back toward our strike price. GILD Oct Monthly (10/15) 67.50 Put Current Stock Price: $68.25 Cash in Hand: $0.44 Action: Buy to close the GILD…

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OIB Trade Alert: TWTR, GILD

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…

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OIB Trade Alert: AAPL, GILD

We were assigned shares of Apple (AAPL) and Gilead Sciences (GILD) on Friday, so I am recommending calls to sell against them. Note that these recommendations are only for people who already own AAPL and/or GILD shares uncovered from a previous position. AAPL Uncovered Shares Current Stock Price: $126.83 Cost Basis: $132.08 Action: Sell to…

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OIB Trade Alert: AAPL, GILD

Our Apple (AAPL) and Gilead Sciences (GILD) calls are on track to expire worthless. We will watch them do so and sell new calls next week to reduce our cost basis on the positions. AAPL Mar Week Two (3/12) 124 Call Current Stock Price: $119.83 Cost Basis: $132.09 Action: Watch call expire worthless GILD Mar…

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OIB Trade Alert: CVS, GILD, TWTR

The market has been choppy lately with a downward bias due to concerns about interest rates and the spillover of those concerns from bond to equity markets. Fed Chair Jerome Powell is expected to reassure markets of the central bank’s commitment to its bond-buying program during his appearance at a Wall Street Journal webinar today.…

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