Corning (GLW) is breaking out. It is time for us to close our very successful rolled position. Current Stock Price: $38.80 Cash in Hand: $1.22 Action: Buy to close the GLW Nov Monthly (11/19) 37 Put Current Option Price: $0.17-$0.25 Recommended Limit: Set your initial limit order at $0.22, but adjust as needed to close…
I am recommending we roll our Corning (GLW) put to buy ourselves some more time and generate additional income. I also want to roll our General Motors (GM) and Micron Technology (MU) puts. These are recovery positions, and the income we generate from rolling will reduce our net debits as we work our way toward…
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 are currently on track to have our Corning (GLW) shares called away at a loss. I am recommending we do so and move on. The stock has been difficult to trade lately, and the company is scheduled to report earnings this month. I am also recommending we roll our KB Home (KBH) call to…
I am recommending we roll out D.R. Horton (DHI) put to buy time for the stock to recover. I am also recommending we roll our Corning (GLW) and SPDR S&P Regional Banking ETF (KRE) calls out two weeks. Finally, our Yeti Holdings (YETI) put is deep in the money. Let’s accept shares and we will…
I am recommending we roll our expiring Corning (GLW), Target (TGT) and Western Digital (WDC) calls to generate more income. GLW Sep Week Four (9/24) 38 Call Current Stock Price: $37.84 Cost Basis: $38.61 Action: Buy to close the GLW Sep Week Four (9/24) 38 Call for around $0.16 Sell to open the GLW Oct…
I am recommending we roll our Corning (GLW), KB Home (KBH), SPDR S&P Regional Banking ETF (KRE), Target (TGT) and Western Digital (WDC) calls. The income we generate will reduce our cost basis on the positions. GLW Sep Monthly (9/17) 39 Call Current Stock Price: $38.47 Cost Basis: $39.33 Action: Buy to close the GLW…
We were assigned shares of Corning (GLW) last week. I am recommending a call to sell against them to reduce out cost basis. Note that this trade is ONLY for those people who own GLW shares from a previous Income Masters position. Current Stock Price: $38.93 Cost Basis: $39.68 Action: Sell to open the GLW…
We have positions in Corning (GLW) and Starbucks (SBUX) expiring today. I am recommending we accept shares of GLW. I will recommend a call to sell soon. Our SBUX shares are on track to be called away at a nice profit. GLW Sep Week Two (9/10) 41 Put Current Stock Price: $38.76 Cash in Hand:…
I am recommending we roll our Corning (GLW) and Kroger Co. (KR) puts out two weeks to generate more income. Our Lululemon Athletica (LULU) bull put spread is on track to expire worthless. I will be recommending a new spread after Labor Day to reduce our net debit on this position as we approach breakeven.…
