GM

OIB Trade Alert: GM

I said in this week’s Live Trading Session that I was interested in potentially opening new trades in General Motors (GM) and Twitter (TWTR) following the companies’ earnings announcements. TWTR was up as much as 15% today following an earnings and revenue beat, despite failing to hit analysts’ user growth expectations. I want to wait…

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OIB Trade Alert: GM

I am recommending we ladder up our General Motors (GM) put by rolling to a higher strike. This will bring in more income and boost our potential rate of return. Current Stock Price: $54.41 Cash in Hand: $0.99 Action: Buy to close the GM Feb Week One (2/5) 50 Put for around $0.03 Sell to…

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OIB Trade Alert: BAC, GM

The market is bouncing back following yesterday’s sharp sell-off. A number of factors contributed to yesterday’s drubbing. These included the Federal Reserve’s gloomy view of the economy, worries over the pace of coronavirus vaccine rollouts, and the recent spate of volatility in stocks like GameStop (GME) and Tesla (TSLA) that is being driven by the…

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OIB Trade Alert: TWTR, GM, FSLR

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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