Let’s roll our Apple (AAPL) call out one week to generate more income. If you are not currently in an AAPL position, please sit this trade out. I will alert you when it is time to put new money to work. General Motors (GM) is rallying after delivering a strong earnings report and guidance despite…
I am recommending we roll our Apple (AAPL), General Motors (GM), QuantumScape (QS) and Invesco Solar ETF (TAN) calls today. I also want to roll our Chewy (CHWY) put to bring in more income. AAPL Jan Monthly (1/21/22) 100/May Week One (5/7) 128 Call Spread Note: No action is needed on the AAPL Jan Monthly…
We were assigned shares of Chewy (CHWY) on Friday, so I am recommending a call to sell today. If you do not currently have a CHWY position, you can enter one now. Just be aware that you will need to buy 100 shares of the stock first for every call you plan to sell to…
We are doing things a little differently today. First, I am recommending we close our General Motors (GM) put. The stock is circling our strike, and with earnings expected next week, I don’t want to risk being assigned and holding shares through the announcement. Therefore, let’s spend a little cash to buy back the put…
I am recommending we roll our expiring General Motors (GM) and QuantumScape (QS) calls. GM Jan Monthly (1/21/22) 50/Apr Week Five (4/30) 58 Call Spread Note: No action is needed on the GM Jan Monthly (1/21/22) 50 Call at this time. Current Stock Price: $56.03 Cost Basis: $11.33 Action: Buy to close the GM Apr…
Our Chewy (CHWY) put expired worthless last week and our General Motors (GM) shares were called away. Therefore, I am recommending new puts to sell today. Our Twitter (TWTR) put also expired worthless last week, but I am holding off on a new recommendation. The company is expected to report earnings on Thursday, and I…
Here’s where we stand with our Perpetual Income Portfolio Club positions heading into the weekend. AAPL May Week One (5/7) 128 Call Apple (AAPL) announced new products at an event this week, including a redesigned iMac, the next iPad Pro and location-tracking AirTags. Company execs also fielded questions at a Senate antitrust hearing on app…
I am recommending we roll our Chewy (CHWY) put and expiring General Motors (GM), QuantumScape (QS) and Invesco Solar ETF (TAN) calls. CHWY Apr Week Four (4/23) 83 Put Current Stock Price: $82.04 Net Debit: $1.57 Action: Buy to close the CHWY Apr Week Four (4/23) 83 Put for around $1.61 Sell to open the…
Apple (AAPL) is trading well above the strike price of our call. I am recommending we spend some cash to roll out two weeks and to a higher strike to capture another $2 in potential appreciation. Note that the company is expected to report earnings on April 28, and we will likely be holding this…
I am recommending we roll the short legs of our Apple (AAPL) and General Motors (GM) LEAP call spreads. Note that we are lowering the GM strike but keeping the expiration the same. AAPL Jan Monthly (1/21/22) 100/Apr Week Four (4/23) 126 Call Spread Note: No action is needed on the AAPL Jan Monthly (1/21/22)…
