Let’s book profits on The New York Times Company (NYT). Current Stock Price: $44.45 Cash in Hand: $0.90 Action: Buy to close the NYT Mar Monthly (3/18) 40 Put for around $0.25, but adjust as needed to close today Profit: $0.65, or $65 per contract
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open The New York Times Company (NYT) Mar Monthly (3/18) 40 Put for around $0.90. You can go as low as $0.65, but please don’t start there and always use limit orders. (Current stock price: $41.24) TRADE TWO*: Sell to…
Given the way the market is trading, I am recommending we close our Apple (AAPL) and Lyft (LYFT) puts now. I also want to book profits on our New York Times Company (NYT) position. AAPL Feb Week Two (2/11) 172.50 Put Current Stock Price: $172.96 Cash in Hand: $1.11 Action: Buy to close the AAPL…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open The New York Times Company (NYT) Feb Monthly (2/18) 40 Put for around $0.70. You can go as low as $0.60, but please don’t start there and always use limit orders. (Current stock price: $41.35) TRADE TWO*: Sell to…
