PFE

OIB Trade Alert: PFE

Pfizer (PFE) sold off this week but appears to have found a bottom at $55. I am recommending we roll our put out one week to generate more cash. This income should get us to breakeven. Current Stock Price: $55.35 Net Debit: $0.33   Action: Buy to close the PFE Jan Week One (1/7) 58…

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OIB Trade Alert: PFE

I am recommending we buy back our Pfizer (PFE) put. The stock is rallying today on fears about the Omicron coronavirus variant. However, Moderna’s (MRNA) CEO is warning that COVID-19 vaccines are unlikely to be as effective against the new variant, prompting a sell-off in MRNA. Pfizer and Moderna use very similar technologies for their…

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OIB Trade Alert: GM, MU, PFE

I am recommending we roll our General Motors (GM), Micron Technology (MU) and Pfizer (PFE) puts out two weeks, as trading will be light next week due to the Thanksgiving holiday. The income we generate will reduce our net debits on these recovery positions. Note that we are rolling the PFE put to a significantly…

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OIB Trade Alert: MRVL, PFE

Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. You can watch a recording of the session here. Note that option prices may have moved since the Live Trading Session. Please do not chase the trades by accepting less premium than the “go as low as” price recommended below. Work…

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