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 Starbucks (SBUX) put now. While we are giving back more cash than usual to close, we will exceed our annualized rate of return goal of 26%. Current…
Download Slides Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. Note that option prices may have moved since the…
Starbucks (SBUX) is up more than 5% today. I am recommending we close our monthly put early with a very nice profit. Current Stock Price: $73.93 Cash in Hand: $0.59 Action: Buy to close the SBUX May Monthly (5/20) 67 Put Current Option Price: $0.16-$0.18 Recommended Limit: Set your initial limit order at $0.17, but…
Download Slides Below is the trade I recommended in today’s Options Income Blueprint Live Trading Session. Note that option prices may have moved since the Live Trading…
Let’s book a modest profit on Starbucks (SBUX) rather than risk holding through expiration. This will also free up capital for new trades, so keep an eye on your inbox this week. Current Stock Price: $81.28 Cash in Hand: $0.73 Action: Buy to close the SBUX Apr Monthly (4/14) 81 Put for around $0.47, but…
Below are the trades from today’s Income Madness Live Trading Session. Action on Existing Position I am recommending we book profits on our Nike (NKE)…
This is a take-the-money-and-run kind of market. We have a chance to exit our CVS Health (CVS), Starbucks (SBUX) and Zoom Video Communications (ZM) positions at a profit, and we’re going to do so. CVS Mar Week One (3/4) 105 Call Current Stock Price: $104.46 Cost Basis: $103.34 Action: Buy to close the CVS Mar…
I am recommending we book profits on Lyft (LYFT) and roll our Starbucks (SBUX) put to avoid assignment and generate more income. The short leg of our VanEck Vectors Semiconductor ETF (SMH) LEAP call spread is on track to expire worthless. I will recommend a new call soon. LYFT Feb Week Four (2/25) 37 Put…
