We accepted shares in a number of positions last week. As I said, the math of selling calls simply makes more sense in the current market environment than continuing to roll the puts. Not only will we be able to collect cash, but we can capture potential appreciation when the market recovers. The goal will…
We are on track to be assigned shares of Walt Disney (DIS) and our protective put is on track to expire worthless. As you’ve seen me say in other alerts today, the math of selling calls simply makes more sense in the current market environment than continuing to roll the put. Not only will we…
Given the possibility of a sell-off following the conclusion of the Federal Reserve meeting this afternoon, I am recommending we buy protective puts on Walt Disney (DIS) and Kroger Co. (KR). Note that these puts are being purchased as hedges. Ideally, the market will go up and they will expire worthless. However, in the event…
Walt Disney (DIS) has run up over the past week. I am recommending we roll our put out one week and to a higher strike to generate more income and reduce our net debit on the position. I am also recommending we roll our Kroger Co. (KR) call out two weeks to generate income and…
Kroger Co. (KR) is rallying today along with the broader market. Our call expired worthless last week, so I am recommending a new call to sell against the stock to reduce our cost basis on the position. Note that this trade is only for members who already own shares of KR uncovered from a previous…
Kroger (KR) has sold off sharply since hitting an all-time high in early March after the company posted better-than-expected fourth-quarter results and offered solid guidance despite supply chain issues and rising prices. Rampant inflation and economic uncertainty are weighing on retailers. Just look at the latest earnings reports from Target (TGT) and Walmart (WMT), which…
Kroger Co. (KR) looks to have put in a short-term bottom. I am recommending a call to sell against our uncovered shares. The income we generate will reduce our cost basis on the position. Note that this trade is only for people who already own shares of KR uncovered from a previous position. I am…
We have positions in Walt Disney (DIS) and Kroger Co. (KR) expiring today. Disney is scheduled to report earnings on May 11. The call is on track to expire worthless, let’s see what Monday or Tuesday bring us but we will sell our shares before earnings and re-enter the position after the announcement by selling…
I am recommending we roll our Walt Disney (DIS) and Kroger Co. (KR) puts to buy ourselves some time and generate more income. DIS Apr Week Four (4/22) 129 Put Current Stock Price: $124.92 Cash in Hand: $1.05 Action: Buy to close the DIS Apr Week Four (4/22) 129 Put for around $4.15 Sell to…
Kroger Co. (KR) sold off this week, but I expect shares to bounce back. I am recommending we roll our put out one week to buy ourselves some time and generate more income. Current Stock Price: $58.43 Cash in Hand: $0.35 Action: Buy to close the KR Apr Monthly (4/14) 60 Put for around $1.62…
