I am recommending we close our QuantumScape (QS) and Target (TGT) positions. As I said last week, QS has sold off sharply since we initiated the position in early April, and I do not expect a recovery in this speculative stock in the foreseeable future. Therefore, I am recommending we sell our shares at a…
I am recommending we close our First Solar (FSLR) and Western Digital (WDC) puts at a profit. Our QuantumScape (QS) call is on track to expire worthless. The stock has sold off sharply since we initiated the position in early April. As I said then, QuantumScape is a speculative company, as well as a speculative…
I am recommending we sell a call against our uncovered SPDR S&P Regional Banking ETF (KRE) shares. I also want to roll our Chewy (CHWY) put and QuantumScape (QS) call. Finally, our Invesco Solar ETF (TAN) call is deep in the money. I believe the ETF is overbought, but I am recommending we take a…
I am recommending we roll our Chewy (CHWY) put and QuantumScape (QS) call. CHWY Jun Week Four (6/25) 76 Put Current Stock Price: $80.13 Net Debit: $2.05 Action: Buy to close the CHWY Jun Week Four (6/25) 76 Put for around $0.12 Sell to open the CHWY Jul Week One (7/2) 80 Put for around…
I am recommending we roll our expiring positions in Apple (AAPL), Chewy (CHWY), QuantumScape (QS) and Invesco Solar ETF (TAN). AAPL Jan Monthly (1/21/22) 100/Jun Monthly (6/18) 127 Call Spread Note: No action is needed on our AAPL Jan Monthly (1/21/22) 100 Call at this time. Current Stock Price: $131.78 Cost Basis: $31.22 Action: Buy…
I am recommending we roll our expiring positions in Apple (AAPL) and QuantumScape (QS). And let’s book profits on our Advanced Micro Devices (AMD) put and General Motors (GM) call spread. AAPL Jan Monthly (1/21/22) 100/ Jun Week Two (6/11) 127 Call Spread Note: No action is needed on our AAPL Jan Monthly (1/21/22) 100…
I am recommending we roll our expiring calls in QuantumScape (QS) and Invesco Solar ETF (TAN). QS May Week Four (5/28) 30 Call Current Stock Price: $29.41 Cost Basis: $38.19 Action: Buy to close the QS Jun Week One (6/4) 28 Call for around $1.60 Sell to open the QS Jun Week Two (6/11) 29…
I am recommending we roll our expiring calls in Apple (AAPL), General Motors (GM) and QuantumScape (QS). I am also recommending a call to sell against our uncovered Chewy (CHWY) shares. If you are not currently in the position, you can enter it now. Just be sure to buy 100 shares of the underlying stock…
I am recommending we roll our expiring calls in Apple (AAPL), General Motors (GM), QuantumScape (QS) and Invesco Solar ETF (TAN). AAPL Jan Monthly (1/21/22) 100/May Monthly (5/21) 130 Call Spread Note: No action is needed on the AAPL Jan Monthly (1/21/22) 100 Call at this time. Current Stock Price: $127.23 Cost Basis: $33.88 Action:…
I am recommending we roll our General Motors (GM), QuantumScape (QS) and Invesco Solar ETF (TAN) calls out one week to generate cash. GM Jan Monthly (1/21/22) 50/May Week Two (5/14) 58 Call Spread Note: No action is needed on our GM Jan Monthly (1/21/22) 50 Call at this time. Current Stock Price: $55.32 Cost…
