Our Chewy (CHWY) put is on track to expire worthless, meaning we will collect the maximum profit. We are also on track to have our JPMorgan Chase (JPM) shares called away, resulting in a great return. Finally, our Netflix (NFLX) spread is set to expire worthless. We’ll look to trade the stock again soon. CHWY…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open the JPMorgan Chase (JPM) Jan Week Four (1/22) 135 Put for around $1. You can go as low as $0.92, but please don’t start there and always use limit orders. (Current stock price: $134.70) TRADE TWO: Sell to open…
We have two positions in Microsoft (MSFT) expiring today. We are rolling the bull put spread. And for those who sold the standalone put, I am recommending we accept shares and we will sell a call against them soon. Our Netflix (NFLX) and Roku (ROKU) spreads are on track to expire worthless. We will book…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open the Advanced Micro Devices (AMD) Aug Week Four (8/28) 81 Put for around $0.81. You can go as low as $0.73, but please don’t start there and always use limit orders. (Current stock price: $82.77) TRADE TWO: Sell to…
This will be my last alert regarding the positions from the Six-Figure Portfolio Club. I will be providing my thoughts on each position and how you can manage them on your own going forward. However, if you have questions or need help, please contact me at [email protected] I am recommending we roll our CVS Health…
Our previous Netflix (NFLX) and Roku (ROKU) spreads expired worthless. I am recommending new spreads on the stocks today to reduce our net debit on these positions. If you were not in the previous spreads, you can enter today’s trades. Just be aware that we will only be tracking them as ongoing positions. NFLX Current…
I am recommending we roll our CVS Health (CVS) and Microsoft (MSFT) calls. Our Netflix (NFLX) and Roku (ROKU) spreads are on track to expire worthless. We will simply watch them do so and create new spreads soon to reduce our net debit on these positions. CVS Apr Monthly (4/17) 60 Call Current Stock Price:…
I am recommending we sell a call on our uncovered CVS Health (CVS) shares. I expect the company to be on the forefront of coronavirus testing and vaccinations, which makes this a good long-term play. Next, the protective put from our Microsoft (MSFT) strangle is on track to expire worthless tomorrow. We will watch it…
We have four positions expiring today. Our CVS Health (CVS) call is on track to expire worthless. We will simply watch it so do and sell another call against our shares in the near future. For our Microsoft (MSFT) strangle, I am recommending we roll our short call to a lower strike. The long put…
I am recommending we roll our Microsoft (MSFT), Netflix (NFLX) and Roku (ROKU) spreads. MSFT Jan 2021 (1/15/21) 125 Call/Mar Week Two (3/13) 195 Call/160 Put Spread Note: No action is needed on the MSFT Jan 2021 (1/15/21) 125 Call at this time. Current Stock Price: $143.74 Cost Basis: $58.64 Action: Buy to close the…
