Our Blackstone Group (BX) call is on track to expire worthless. I will recommend a new call to sell against the shares soon. Marvell Technology Group (MRVL) is currently trading above our call’s strike. If our shares are called away, we will book a profit. However, if the stock closes below $51, our call will…
I am recommending we roll our Apple (AAPL), General Motors (GM) and Marvell Technology Group (MRVL) puts to buy time and generate more income. AAPL Feb Monthly (2/19) 136 Put Current Stock Price: $128.75 Cash in Hand: $2.16 Action: Buy to close the AAPL Feb Monthly (2/19) 136 Put for around $7.25 Sell to open…
Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. You can watch a recording of the session here. Note that option prices may have moved since the Live Trading Session. Please do not chase the trades by accepting less premium than the “go as low as” price recommended below. Work…
Let’s roll our Chewy (CHWY) put position out one week to generate more cash. I am also recommending we roll our Marvell Technology Group (MRVL) call to a lower strike, further reducing our cost basis. CHWY Feb Week Two (2/12) 105 Put Current Stock Price: $110.67 Cash in Hand: $0.79 Action: Buy to close the…
Download Presentation Slides Below are the trades from today’s Six-Figure-Portfolio Coaching Live Trading Session. Action on Existing Positions I am recommending we close our Crocs (CROX) and D.R. Horton (DHI) positions and sell a call on our uncovered Marvell Technology Group (MRVL) shares. CROX Feb Monthly (2/19) 75 Call Current Stock Price: $79.68 Cost Basis:…
Our Marvell Technology Group (MRVL) Feb Week One (2/5) 53 Call is on track to expire worthless. I will recommend a new call to sell against shares next week. Current Stock Price: $49.88 Cost Basis: $51.60 Action: Watch call expire worthless
Download Presentation Slides Below are the trades from today’s Six-Figure-Portfolio Coaching Live Trading Session. TRADE ONE: Buy 100 shares of Marvell Technology Group (MRVL) at market ($52.19) and sell to open the MRVL Feb Week One (2/5) 53 Call for around $0.59. (Cost basis: $51.60) TRADE TWO: Buy 100 shares of Corning (GLW) at market…
The market is bouncing back today, giving us a chance to book an excellent profit on our Marvell Technology Group (MRVL) position. Current Stock Price: $52.50 Cost Basis: $49.11 Action: Buy to close the MRVL Jan Week Five (1/29) 52 Call for around $0.93 Sell shares at market Profit: $2.08, or $208 per 100 shares…
While we could close the Marvell Technology Group (MRVL) covered call position now at a profit, I’d rather keep the trade going by rolling out two weeks and to a higher strike. This will bring in more income and give us the opportunity to capture more potential appreciation. Current Stock Price: $50.70 Cost Basis: $49.99…
While I didn’t host a Live Trading Session today, I am introducing three new trades — two new puts and a buy-write. Each of the stocks we are trading today should be familiar to members, as we have successfully traded them in the past. First, is a put trade on one of my favorite income…
