I am recommending we roll our First Solar (FSLR), Mosaic Company (MOS) and The Trade Desk (TTD) puts to generate more income and reduce our net debit on the positions. FLSR May Monthly (5/20) 70 Put Current Stock Price: $66.08 Net Debit: $15.42 Action: Buy to close the FLSR May Monthly (5/20) 70 Put for…
Mosaic Company (MOS) announced first-quarter results Tuesday that fell short of analyst expectations. Yet, after opening lower, the stock closed up nearly 9% on the day. Perhaps this was due to the fact that the fertilizer producer reported a 71% year-over-year increase in revenue and a 159% jump in adjusted EBITDA. While it would have…
Mosaic Company (MOS) is scheduled to report earnings after the closing bell. Although the stock is running up into the announcement, I want to sell our shares to avoid earnings risk given how MOS has traded on past reports. We will re-enter the position after earnings come out by selling a put to reduce our…
I am recommending we book profits on our Blackstone (BX) put. We are on track to be assigned shares of Mosaic Company (MOS). The company is scheduled to announce earnings on May 2, after the closing bell. I will be recommending that we sell our shares on Monday. We will re-enter the position after earnings…
After a March rally, First Solar (FSLR) is falling again as the risk-on trade once again switched off this month. Our call is on track to expire worthless. The company is scheduled to report earnings on April 28. We will exit the position before then and re-enter following the announcement. Mosaic Company (MOS) has sold…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Mosaic Company (MOS) Apr Week Four (4/22) 74 Put for around $0.62. You can go as low as $0.56, but please don’t start there and always use limit orders. (Current stock price: $77.27) TRADE TWO: Sell to open Applied…
