Let’s keep the profits rolling in by exiting out Microsoft (MSFT) spread, earning a 3.4% return in two days, or an astounding 621% annualized. Current Stock Price: $289 Cash in Hand: $0.26 Action: Buy to close the MSFT Aug Monthly (8/19) 260 Put for around $0.23 Sell to close the MSFT Aug Monthly (8/19) 255…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Delta Air Lines (DAL) Aug Monthly (8/19) 31 Put for around $0.35. You can go as low as $0.30, but please don’t start there and always use limit orders. (Current stock price: $32.79) TRADE TWO: Sell to open Block…
Let’s book profits on our Microsoft (MSFT) put, earnings a 3.6% return on our capital in one week, or 188% annualized. Current Stock Price: $278.39 Cash in Hand: $0.32 Action: Buy to close the MSFT Aug Week Two (8/12) 252.50 Put for around $0.36 Sell to close the MSFT Aug Week Two (8/12) 247.50 Put…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open NVIDIA (NVDA) Aug Week Two (8/12) 160 Put for around $1.79. You can go as low as $1.66, but please don’t start there and always use limit orders. (Current stock price: $178.32) TRADE TWO: Sell to open Valero (VLO)…
The premium on our Microsoft (MSFT) spread has dropped to just around a nickel. Let’s book profits now, earning a 5.8% return on our capital in seven days, or 302% annualized. Current Stock Price: $260.18 Cash in Hand: $0.35 Action: Buy to close the MSFT Jul Week Four (7/22) 237.50 Put for around $0.12 Sell…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Valero (VLO) Jul Week Four (7/22) 95 Put for around $1.01. You can go as low as $0.92, but please don’t start there and always use limit orders. (Current stock price: $104.20) TRADE TWO*: Sell to open the Microsoft…
Our Microsoft (MSFT) bull put spread is well out of the money and on track to expire worthless. However, we’re going to play it safe and spend a penny to close the top leg. We were deep underwater on the positions at one point. But by using an active rolling strategy, we are managing to…
Our Microsoft (MSFT) bull put spread is well out of the money. Since we have a net debit on the position, I am recommending we close the current spread for a few cents and open a new spread. We are going a bit wider with this one – from 5 points to 7.5 points –…
I am recommending a new Microsoft (MSFT) bull put spread to reduce our net debit on the position. You can enter today’s trade even if you were not in the previous one. Just be aware that we will be managing and tracking it based on the ongoing position. If you are new to spread trading,…
Our Microsoft (MSFT) bull put spread is trading well out of the money, but this is not the kind of market where you want to take anything for granted. Therefore, I am recommending we buy back the top leg of the spread for a few cents and leave the bottom leg in place to (very…
