Let’s book fast profits on our JPMorgan Chase (JPM) put, earning a 0.3% return in two days, or 59% annualized. Current Stock Price: $124.89 Cash in Hand: $0.80 Action: Buy to close the JPM Nov Week One (11/4) 117 Put for around $0.42, but adjust as needed to close today Profit: $0.38, or $38 per…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open JPMorgan Chase (JPM) Nov Week One (11/4) 117 Put for around $0.80. You can go as low as $0.72, but please don’t start there and always use limit orders. (Current stock price: $123.02) TRADE TWO: Sell to open Lennar…
Let’s book fast profits on our JPMorgan Chase (JPM) put, earning a 0.3% return in two days, or 56% annualized. And please be on the lookout for new trades via alert. Current Stock Price: $117.73 Cash in Hand: $0.60 Action: Buy to close the JPM Oct Monthly (10/21) 115 Put for around $0.25, but adjust…
While there is no live trading this week, I want to put on a post-earnings trade. JPMorgan Chase (JPM) beat analysts’ Q3 profit expectations, although profits fell 17% year over year to $9.74 billion. The positive impact of higher interest rates on revenue and earnings is offsetting declines in investment banking. I see these results…
Let’s book profits on our JPMorgan Chase (JPM) spread, earning a 6% return over our $500 in capital allocated. And since the trade was open just four days, our annualized rate of return is an impressive 548%. Current Stock Price: $107.07 Cash in Hand: $0.54 Action: Buy to close the JPM Oct Week One (10/7)…
Below are the trades from today’s Income Madness Live Trading Session. TRADE ONE: Sell to open CVS Health (CVS) Oct Week One (10/7) 95 Put…
Let’s book fast profits on our JPMorgan Chase (JPM) put and free up capital for new trades. Current Stock Price: $126.04 Cash in Hand: $0.74 Action: Buy to close the JPM May Week Four (5/27) 121 Put for around $0.27, but adjust as needed to close today Profit: $0.47, or $47 per contract
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open JPMorgan Chase (JPM) May Week Four (5/27) 121 Put for around $0.74. You can go as low as $0.65, but please don’t start there and always use limit orders. (Current stock price: $124.99) TRADE TWO*: Sell to open the…
Let’s book profits on our JPMorgan Chase (JPM) and Skechers (SKX) puts. While the JPM profit is modest, the position is proof that patience and aggressively managing underwater positions pay off. JPM May Monthly (5/20) 120 Put Current Stock Price: $122.08 Cash in Hand: $1.40 Action: Buy to close the JPM May Monthly (5/20) 120…
Bank stocks took a hit this week. I am recommending we roll our JPMorgan Chase (JPM) put out one week to avoid potential assignment and generate more cash. Current Stock Price: $117.28 Cash in Hand: $0.10 Action: Buy to close the JPM May Week Two (5/13) 120 Put for around $3 Sell to open the…
