GM

OIB Trade Alert: GM, SCHW

I am recommending we roll our General Motors (GM) and Charles Schwab (SCHW) puts to higher strike prices to generate more income and reduce our net debits on the positions. Note that we are rolling both positions out to the Sept. 9 expiration. You can enter the second leg of today’s trades even if you…

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OIB Trade Alert: C, GM

I am recommending we roll our Citigroup (C) and General Motors (GM) puts out two weeks and to lower strike prices to generate more income and reduce our net debit on the positions. You can enter the second leg of today’s trades even if you were not in the previous ones. Just be aware that…

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OIB Trade Alert: GM, MRVL

I am recommending we roll our General Motors (GM) and Marvell Technology (MRVL) puts to higher strike prices while keeping the expiration date the same. The income we generate will reduce our net debits on the positions. The new strikes are close to the money, and it is possible we will accept shares on one…

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OIB Trade Alert: GM, MRVL

I am recommending we roll our General Motors (GM) and Marvell Technology (MRVL) calls out one week to generate more income and reduce our cost basis on the positions. With MRVL, we are also rolling to a higher strike to capture another $1 in potential appreciation. Note that these trades are only for members already…

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