The market has not been kind to tech stocks, including Apple (AAPL), Marvell Technology Group (MRVL) and Micron Technology (MU). But with them running up today, I am recommending we roll our call positions on these stocks out one week to generate more cash. AAPL May Week Two (51/4) 128 Call Current Stock Price: $125.52…
I am recommending we roll our Marvell Technology Group (MRVL) and Micron Technology (MU) calls down to reduce our cost basis on the positions. Note that we are keeping the expiration dates the same. MRVL May Week Two (5/14) 47 Call Current Stock Price: $43.05 Cost Basis: $51.20 Action: Buy to close the MRVL…
We accepted shares of iShares Global Clean Energy ETF (ICLN), Marvell Technology Group (MRVL) and Micron Technology (MU) last week. I am recommending calls to sell against them to reduce our cost basis on the positions. Note that these recommendations are only for people who own shares of these stocks uncovered from previous recommendations. ICLN…
iShares Global Clean Energy ETF (ICLN), Marvell Technology Group (MRVL) and Micron Technology (MU) are all trading below the strike price of the puts we sold. I am recommending we accept shares. We will sell calls against them soon to reduce our cost basis on the positions. I have great confidence in the chip sector…
I am recommending we roll our Marvell Technology Group (MRVL) and Micron Technology (MU) puts out one week to buy ourselves some time. The semiconductor sector has been hit by irrational concerns about chip shortages hurting revenue growth. Last time I checked, tight inventory meant higher selling prices and operating margins. So, I expect the…
I am recommending we roll our First Solar (FSLR), Marvell Technology Group (MRVL) and Micron Technology (MU) puts out one week to buy ourselves some more time and bring in additional income. FSLR Apr Monthly (4/16) 80 Put Current Stock Price: $77.65 Cash in Hand: $0.87 Action: Buy to close the FSLR Apr Monthly (4/16)…
Our Marvell Technology Group (MRVL) shares were called away last week, causing us to incur a net debit on the position. I am recommending a new put to sell today that will reduce that net debit. You can sell this put even if you were not in the previous position. Just be aware that we…
I am recommending we roll our Apple (AAPL) and General Motors (GM) positions. Our Gilead Sciences (GILD) shares are on track to be called away at a profit. However, if the stocks happens to close below $65, our call will expire worthless and we will sell another one soon. Finally, our Marvell Technology Group (MRVL)…
I am recommending we roll our Apple (AAPL) and Marvell Technology Group (MRVL) calls to bring in more income and lower or cost basis on the positions. AAPL Mar Week Four (3/26) 125 Call Current Stock Price: $119.56 Cost Basis: $129.73 Action: Buy to close the AAPL Mar Week Four (3/26) 125 Call for around…
I am recommending we roll our call positions in Apple (AAPL), Gilead Sciences (GILD), Marvell Technology Group (MRVL) and Twitter (TWTR) AAPL Mar Monthly (3/19) 128 Call Current Stock Price: $121.79 Cost Basis: $131.02 Action: Buy to close the AAPL Mar Monthly (3/19) 128 Call for around $0.07 Sell to open the AAPL Mar Week…
