NKE

SFPC Trade Alert: CVS, MSFT, NFLX, NKE

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…

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SFPC Trade Alert: NKE

Coronavirus-related pressure continues to hold down our position in Nike (NKE). Therefore, I am recommending we roll our call out one week to generate more cash. Current Stock Price: $91.32 Cost Basis: $99.25 Action: Buy to close the NKE Mar Week One (3/6) 95 Call for around $0.12 Sell to open the NKE Mar Monthly…

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SFPC Trade Alert: CVS, HAL, NKE

The sell-off that made our hedges so successful has hurt our other positions. This week’s market rout was obviously due in part to fear about the spreading coronavirus and uncertainty about its economic impact. However, I’m with “Bond King” Jeffrey Gundlach in believing that Bernie Sanders’ rise in the national polls has something to do…

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SFPC Trade Alert: NKE

The coronavirus-related sell-off continues today. As I said yesterday, I believe the market is overreacting, but we must play the hand we are dealt. Selling calls on stocks to generate cash and managing those calls aggressively is a great way to navigate markets like this one when you have a longer-term view of a company…

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SFPC Trading Session: NKE, CHWY

https://vimeo.com/387759479 Download Presentation Slides Below are the trades from today’s Six-Figure-Portfolio Coaching Live Trading Session. TRADE ONE: Buy 100 shares of Nike (NKE) at market ($101.75) and sell to open the NKE Jan Week Five (1/31) 101 Call for around $0.82. (Cost basis: $100.93) TRADE TWO: Buy 100 shares of Chewy (CHWY) at market ($29.25)…

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