I am recommending we book profits on our SPDR S&P Regional Banking ETF (KRE) put. While we still have a week till expiration, we have exceeded our rate of return goal. Plus, we have a number of other positions in the financial sector and a Federal Reserve meeting on the horizon. Current Stock Price: $61.59…
Download Slides Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. Note that option prices may have moved since the…
Let’s book profits on our SPDR S&P Regional Banking ETF (KRE) and Roku (ROKU) puts. KRE Jul Week One (7/1) 55 Put Current Stock Price: $59.13 Cash in Hand: $0.42 Action: Buy to close the KRE Jul Week One (7/1) 55 Put for around $0.17, but adjust as needed to close today Profit: $0.25, or…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open SPDR S&P Regional Banking ETF (KRE) Jul Week One (7/1) 55 Put for around $0.42. You can go as low as $0.38, but please don’t start there and always use limit orders. (Current stock price: $57.36) TRADE TWO*: Sell…
Salesforce (CRM) is up more than 6% today thanks to the tech rally. Let’s book profits on our spread now, earnings a 4.8% absolute return. I also want to close out our SPDR S&P Regional Banking ETF (KRE) put. While we will only be booking a small profit, our patience paid off and we avoided…
I am recommending we roll our SPDR S&P Regional Banking ETF (KRE) put to a higher strike while keeping the expiration date the same. This will turn our net debit into cash in hand. Current Stock Price: $62.92 Net Debit: $0.14 Action: Buy to close the KRE Jun Week One (6/3) 60 Put for around…
I am recommending puts to sell on SPDR S&P Regional Banking ETF (KRE) and Micron Technology (MU). The income we generate will reduce our net debits on the positions. You can enter today’s trades even if you were not in the previous ones. Just be aware that we will be tracking and managing them based…
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…
