Let’s book fast profits on our Marathon Petroleum (MPC) put, earning a 0.5% return in four days, or 49% annualized. Current Stock Price: $119.51 Cash in Hand: $0.98 Action: Buy to close the MPC Nov Week Two (11/11) 111 Put for around $0.38, but adjust as needed to close today Profit: $0.60, or $60 per…
Below is the trade from today’s Income Masters Live Trading Session. ACTION: Sell to open Marathon Petroleum (MPC) Nov Week Two (11/11) 111 Put for around $0.98. You can go as low as $0.88, but please don’t start there and always use limit orders. (Current stock price: $117.59) Download Presentation Slides
I am recommending we book fast profits on our Bristol-Myers Squibb (BMY), CVS Health (CVS) and Marathon Petroleum (MPC) puts, earning annualized rates of return of 138%, 88% and 44%, respectively. BMY Sep Monthly (9/16) 67.50 Put Current Stock Price: $70.36 Cash in Hand: $0.89 Action: Buy to close the BMY Sep Monthly (9/16) 67.50…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Roku (ROKU) Sep Monthly (9/16) 55 Put for around $0.70. You can go as low as $0.62, but please don’t start there and always use limit orders. (Current stock price: $64.36) TRADE TWO: Sell to open Marathon Petroleum (MPC)…
Energy stocks are rallying today. Let’s book profits on Marathon Petroleum (MPC), freeing up capital for new trades. Current Stock Price: $90.56 Cash in Hand: $0.92 Action: Buy to close the MPC Jul Week One (7/1) 85 Put Current Option Price: $0.33-$0.39 Recommended Limit: Set your initial limit order at $0.36, but adjust as needed…
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…
