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…
I am recommending we roll our Apple (AAPL), General Motors (GM) and Marvell Technology Group (MRVL) puts to buy time and generate more income. AAPL Feb Monthly (2/19) 136 Put Current Stock Price: $128.75 Cash in Hand: $2.16 Action: Buy to close the AAPL Feb Monthly (2/19) 136 Put for around $7.25 Sell to open…
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…
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…
Let’s book profits on our General Motors (GM) and Herman Miller (MLHR) positions. GM Feb Week One (2/5) 54 Put Current Stock Price: $54.48 Cash in Hand: $1.66 Action: Buy to close the GM Feb Week One (2/5) 54 Put for around $0.45 Profit: $1.21, or $121 per contract MLHR Feb Monthly (2/19) 35 Put…
I am recommending we book profits on our General Motors (GM), Pfizer (PFE), QuantumScape (QS) and Twitter (TWTR) positions. Given the recent bouts of unexpected volatility, this is the smart move. And since we are freeing up a lot of capital with these closeouts, it’s possible I will open new positions via alert. So, keep…
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…
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…
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…
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…
