Let’s book profits on our SPDR S&P Regional Banking ETF (KRE) and Roku (ROKU) puts. KRE Jul Week One (7/1) 55 Put Current Stock Price: $59.13 Cash in Hand: $0.42 Action: Buy to close the KRE Jul Week One (7/1) 55 Put for around $0.17, but adjust as needed to close today Profit: $0.25, or…
I am recommending we roll our Roku (ROKU) and The Trade Desk (TTD) puts out two weeks and to lower strikes. ROKU has been holding up better than some other volatile stocks recently and is bucking the broader market decline today due to the announcement of an exclusive e-commerce deal with Walmart (WMT). We can…
Given the high likelihood of a sell-off following the conclusion of the Federal Reserve meeting tomorrow, I am recommending we buy protective puts on some of our most volatile names. This will effectively turn the First Solar (FSLR), Mosaic Company (MOS), Roku (ROKU) and The Trade Desk (TTD) positions into spreads. Note that these puts…
Roku (ROKU) is down nearly 10% since we entered the trade, and our silly put is now in the money. I am recommending we roll out one week and to a lower strike to buy time, reduce our risk and generate some more income. Current Stock Price: $86.62 Cash in Hand: $0.54 Action: Buy to…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Roku (ROKU) Jun Week Two (6/10) 89 Put for around $0.54. You can go as low as $0.46, but please don’t start there and always use limit orders. (Current stock price: $95.78) TRADE TWO: Sell to open ZIM Integrated…
As I said last week, the plan is to lock in profits wherever we can ahead of next week’s Federal Reserve meeting. With that in mind, let’s close our Roku (ROKU) put now. Current Stock Price: $100.56 Cash in Hand: $1.47 Action: Buy to close the ROKU Jun Monthly (6/17) 80 Put for around $0.76,…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Roku (ROKU) Jun Monthly (6/17) 80 Put for around $1.47. You can go as low as $1.30, but please don’t start there and always use limit orders. (Current stock price: $91.97) TRADE TWO: Sell to open Gilead Sciences (GILD)…
I don’t trust this rally and want to lock in profits wherever we can ahead of this month’s Federal Reserve meeting. Therefore, I am recommending we close our Capri Holdings (CPRI) and Roku (ROKU) puts now. While we are giving back more cash than usual to close, both trades will exceed our 26% annualized rate…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Roku (ROKU) Jun Week Two (6/10) 80 Put for around $0.83. You can go as low as $0.75, but please don’t start there and always use limit orders. (Current stock price: $97.04) TRADE TWO*: Sell to open the Williams-Sonoma…
Our Roku (ROKU) bull put spread is trading well out of the money, but this is not the kind of market where you want to take anything for granted. Let’s book an excellent short-term profit and free up capital for new trades. Current Stock Price: $86.77 Cash in Hand: $0.31 Action: Buy to close the…
