I am recommending we exit our KB Home (KBH) position by buying back our call and selling our shares. Our recovery strategy has allowed us to significantly reduce our potential loss, and I want to put this capital to better use elsewhere. I am also recommending we roll our Western Digital (WDC) call out two…
We are currently on track to have our Corning (GLW) shares called away at a loss. I am recommending we do so and move on. The stock has been difficult to trade lately, and the company is scheduled to report earnings this month. I am also recommending we roll our KB Home (KBH) call to…
I am recommending we roll our Corning (GLW), KB Home (KBH), SPDR S&P Regional Banking ETF (KRE), Target (TGT) and Western Digital (WDC) calls. The income we generate will reduce our cost basis on the positions. GLW Sep Monthly (9/17) 39 Call Current Stock Price: $38.47 Cost Basis: $39.33 Action: Buy to close the GLW…
I am recommending we sell calls against our uncovered shares in CVS Health (CVS), KB Homes (KBH), Starbucks (SBUX) and Western Digital (WDC). CVS Uncovered Shares Current Stock Price: $85.26 Cost Basis: $85.35 Action: Sell to open the CVS Aug Week Four (8/27) 86 Call for around $0.51 New Cost Basis: $84.84 KBH Uncovered Shares…
Our Apple (AAPL) and KB Home (KBH) calls are on track to expire worthless. And I am recommending we accept shares of CVS Health (CVS). We will sell calls against our AAPL LEAP and KBH and CVS shares soon. AAPL Sept 2022 Call (9/16/22) 120/Aug Monthly (8/20) 150 Call Spread Current Stock Price: $147.87 Cost…
I am recommending we roll our KB Home (KBH), SPDR S&P Regional Banking ETF (KRE) and Williams-Sonoma (WSM) call positions. KBH Jul Monthly (7/16) 46…
I am recommending calls to sell against our uncovered KB Home (KBH) and Williams-Sonoma (WSM) shares, as well as our Target (TGT) LEAP. KBH Uncovered Shares Current Stock Price: $42.68 Cost Basis: $47.03 Action: Sell to open the KBH Jul Monthly (7/16) 46 Call for around $0.75 New Cost Basis: $46.28 TGT Mar 2022 (3/18/22)…
We have calls in KB Home (KBH) and Target (TGT) expiring today, as well as a Williams-Sonoma (WSM) put. Our KBH and TGT calls are on track to expire worthless. We will sell new calls soon. Our WSM put is deep in the money. I am recommending we accept shares and will sell a call…
Our KB Home (KBH) call expired worthless last week. I am recommending a new call to sell against our uncovered shares to reduce our cost basis on the position. If you do not currently own shares of KBH and want to enter this position, you must first buy 100 shares for every call you plan…
Our Chewy (CHWY) put is deep in the money. I am recommending we accept shares. We will sell a call against them soon. Our Etsy (ETSY) put is on track to expire worthless, allowing us to book the maximum profit. Our KB Home (KBH) call is also on track to expire worthless. We will sell…
