Let’s keep the profits rolling in with another fast closeout, this time on our Gilead Sciences (GILD) put. Current Stock Price: $62.52 Cash in Hand: $0.63 Action: Buy to close the GILD Jun Monthly (6/17) 60 Put for around $0.31, but adjust as needed to close today Profit: $0.32, or $32 per contract
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Roku (ROKU) Jun Monthly (6/17) 80 Put for around $1.47. You can go as low as $1.30, but please don’t start there and always use limit orders. (Current stock price: $91.97) TRADE TWO: Sell to open Gilead Sciences (GILD)…
Let’s book profits on our Delta Air Lines (DAL) and Gilead Sciences (GILD) puts. DAL Apr Week Four (4/22) 38.50 Put Current Stock Price: $42.91 Cash in Hand: $0.36 Action: Buy to close the DAL Apr Week Four (4/22) 38.50 Put for around $0.06, but adjust as needed to close today Profit: $0.30, or $30…
Below are the trades from today’s Income Madness Live Trading Session. Action on Existing Position I am recommending we book profits on our Lululemon Athletica…
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…
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 we roll our Apple (AAPL) and General Motors (GM) positions. Our Gilead Sciences (GILD) shares are on track to be called away at a profit. However, if the stocks happens to close below $65, our call will expire worthless and we will sell another one soon. Finally, our Marvell Technology Group (MRVL)…
I am recommending we roll our call positions in Apple (AAPL), Gilead Sciences (GILD), Marvell Technology Group (MRVL) and Twitter (TWTR) AAPL Mar Monthly (3/19) 128 Call Current Stock Price: $121.79 Cost Basis: $131.02 Action: Buy to close the AAPL Mar Monthly (3/19) 128 Call for around $0.07 Sell to open the AAPL Mar Week…
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…
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…
