Given the pop in Gilead Sciences (GILD) shares this morning, I am recommending we book profits on our put, earning a 0.6% return in two days, or 115% annualized. Current Stock Price: $84.50 Cash in Hand: $0.68 Action: Buy to close the GILD Feb Monthly (2/17) 84 Put for around $0.15, but adjust as needed…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Expedia (EXPE) Feb Week Four (2/24) 110 Put for around $0.96. You can go as low as $0.86, but please don’t start there and always use limit orders. (Current stock price: $113.47) TRADE TWO*: Sell to open Gilead Sciences…
Let’s book profits on our Gilead Sciences (GILD) put, earning a 0.4% return in five days, or 27% annualized. Current Stock Price: $66.83 Cash in Hand: $0.44 Action: Buy to close the GILD Oct Monthly (10/21) 65 Put for around $0.20, but adjust as needed to close today Profit: $0.24, or $24 per contract
We were cautious this week ahead of the September consumer price index report. It tanked the market like the August report, with a core CPI reading that was the highest in four decades. Unlike last time, though, stocks came roaring back to close the session higher. Now that CPI is behind us, let’s put some…
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…
