Let’s book profits on our Generac Holdings (GNRC) bull put spread, earning a 14.4% return in 13 days. Current Stock Price: $146.63 Cash in Hand: $1.02 Action: Buy to close the GNRC 28 Jul 137 Put Sell to close the GNRC 28 Jul 132 Put Set initial net debit limit at $0.30, but adjust as…
Below are the trades from today’s Income Masters Live Trading Session. SPDR S&P Biotech ETF (XBI) Current Stock Price: $83.46 Action: Sell to open XBI 28 Jul 80 Put for around $0.73. You can go as low as $0.68. Target Exit Price: $0.30 Expedia (EXPE) Current Stock Price: $117.06 Action: Sell to open EXPE 21…
Generac Holdings (GNRC) is up nearly 3% in just the past two trading days, and the price to close our bull put spread has fallen below our target exit price. We entered the trade using a good ‘til canceled (GTC) order. While the trade didn’t fill till the next day, by being patient, we were…
Below are the trades from today’s Income Masters Live Trading Session. Amazon (AMZN) Current Stock Price: $130.46 Action: Set a good ‘til canceled (GTC) order to sell to open AMZN 7 Jul 126 Put for $0.70 Target Exit Price: $0.30 DICK’S Sporting Goods (DKS) Current Stock Price: $135.55 Action: Sell to open DKS 7 Jul…
Generac Holdings (GNRC) has rallied 30% off its recent lows, pushing our call well into the money and our position into the black. While this was intended to be a long-term position, the stock struggled soon after we initiated the buy-write, with shares falling from the low $120s down to a bottom of $86.29 in…
I am recommending we roll our Apple (AAPL) and Generac Holdings (GNRC) calls out to the January monthly expiration and to higher strike prices to capture a mix of income and potential appreciation. Today’s decline in GNRC is much bigger than the sell-off in the broader market, but as you know, this is a volatile…
I am recommending we roll our Apple (AAPL) and Generac Holdings (GNRC) calls out one week and to lower strike prices to generate more income and reduce our cost basis on the positions. Apple has been bit by analyst forecasts of reduced iPhone sales due to COVID-19 lockdowns in China. Meanwhile, Generac Holdings has moved…
The pop I was hoping for in Generac Holdings (GNRC) did not materialize today. I am recommending we focus on income by selling a call for a large chunk of cash. You can enter today’s trade even if you were not in the previous one. Just be sure to first purchase 100 shares of the…
Our Expedia (EXPE) bull put spread is on track to expire worthless. We will simply watch it do so. I will recommend a new spread soon to reduce our net debit on the position. Generac Holdings (GNRC) is down 17% since we entered the position in late October, however shares seem to have found short-term…
Generac Holdings (GNRC) reported better-than-expected earnings and revenue that was in line with estimates, as well as a reduced full-year forecast that it had pre-announced. While revenue was up 15% year over year, adjusted earnings were down 26%, due in part to $17.9 million worth of bad debt following a bankruptcy filing by one of…
