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…
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.…
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…
