I want to close our Goldman Sachs (GS) bull put spread around breakeven rather than risk holding through the upcoming Federal Reserve meeting. Current Stock Price: $314.77 Cash in Hand: $0.14 Action: Buy to close the GS Jun Monthly (6/17) 275 Put for around $0.39 Sell to close the GS Jun Monthly (6/17) 270 Put…
I am recommending a new bull put spread on Goldman Sachs (GS) to reduce our net debit on the position. You can enter today’s trade even if you were not in the previous one. Just be aware that we will be managing and tracking it based on the ongoing position. If you are new to…
Our Goldman Sachs (GS) bull put spread is on track to expire worthless. We will simply watch it do so. The top legs of our SPDR S&P Regional Banking ETF (KRE) and Micron Technology (MU) spreads are too close to the money for comfort in this kind of market. Let’s spend a few cents to…
We temporarily closed our bull put spreads in Goldman Sachs (GS), SPDR S&P Regional Banking ETF (KRE) and Micron Technology (MU) instead of rolling them. With the Fed announcement behind us, I am recommending new spreads to reduce our net debits on the positions. You can enter today’s trades even if you were not in…
I am recommending we temporarily close our Goldman Sachs (GS), SPDR S&P Regional Banking ETF (KRE) and Micron Technology (MU) bull put spreads rather than roll them. We will carry over net debits and I will recommend new spreads on these names soon. GS Apr Week Five (4/29) 315/310 Put Spread Current Stock Price: $315.06…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Mosaic Company (MOS) Apr Week Four (4/22) 74 Put for around $0.62. You can go as low as $0.56, but please don’t start there and always use limit orders. (Current stock price: $77.27) TRADE TWO: Sell to open Applied…
