NKE

Income Masters Trade Alert: MOS, NKE

I am recommending we roll our Mosaic (MOS) and Nike (NKE) puts. We are going out two weeks due to next week’s Federal Reserve meeting. While the Fed is widely expected to raise rates 0.75%, the market could move sharply in either direction based on the actual size of the rate hike and the Fed’s…

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Income Masters Trade Alert: NKE, UAL

I am recommending we roll our Nike (NKE) and United Airlines (UAL) puts out two weeks to avoid assignment, generate more cash and buy some time for shares to recover. With UAL we will be giving back some cash to lower our strike, thus reducing our exposure. NKE Sep Week One (9/2) 110 Put Current…

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Income Masters Trade Alert: NKE

We were called out of our Nike (NKE) shares last week, incurring a large net debit. I want to stick with the stock. The company is fundamentally strong and will benefit from back-to-school shopping. Therefore, I am recommending a put to sell to reduce our net debit on the position. You can enter today’s trade…

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