We have positions in Bank of America (BAC) and iShares Global Clean Energy ETF (ICLN) expiring today. I am recommending we roll our BAC put out one week and to a higher strike. I believe we will see bank stocks continue to move up following the positive results from the Federal Reserve’s latest stress test.…
I am recommending we roll our Bank of America (BAC) put to buy ourselves more time and bring in additional income. Let’s also roll our iShares Global Clean Energy ETF (ICLN) and Micron Technology (MU) calls to reduce our cost basis on the positions as we continue to work our way toward breakeven. BAC Jun…
Our iShares Global Clean Energy ETF (ICLN), Marvell Technology Group (MRVL) and Micron Technology (MU) calls are all in the money. I am recommending we roll these positions out two weeks and to higher strikes. We will be spending a bit of cash to do so, but that will be more than offset by the…
I am recommending a call to sell for those of you who own uncovered shares of iShares Global Clean Energy ETF (ICLN) from a previous recommendation. The income we generate will reduce our cost basis on the position. Let’s also roll our Walgreens Boots Alliance (WBA) put to avoid assignment and generate more income. ICLN…
We have three positions expiring today. Our iShares Global Clean Energy ETF (ICLN) call is on track to expire worthless. We will sell another call against our shares soon to reduce our cost basis. Our SPDR S&P Regional Banking ETF (KRE) put is also on track to expire worthless, allowing us to book the maximum…
We accepted shares of iShares Global Clean Energy ETF (ICLN), Marvell Technology Group (MRVL) and Micron Technology (MU) last week. I am recommending calls to sell against them to reduce our cost basis on the positions. Note that these recommendations are only for people who own shares of these stocks uncovered from previous recommendations. ICLN…
iShares Global Clean Energy ETF (ICLN), Marvell Technology Group (MRVL) and Micron Technology (MU) are all trading below the strike price of the puts we sold. I am recommending we accept shares. We will sell calls against them soon to reduce our cost basis on the positions. I have great confidence in the chip sector…
Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. You can watch a recording of the session on the member website this afternoon. 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…
Our Advanced Micro Devices (AMD) shares are on track to be called away at a small profit. If the stock happens to close below $81, our call with expire worthless and we will sell another one soon. Our Danaher (DHR) shares are also on track to be called away, albeit at a much larger profit.…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open the iShares Global Clean Energy ETF (ICLN) Apr Monthly (4/16) 23.50 Put for around $0.45. You can go as low as $0.35, but please don’t start there and always use limit orders. (Current stock price: $23.57) TRADE TWO: Sell…
