Editor’s note: Michael is hosting a Perpetual Income Portfolio Club Live Trading Session on Monday, April 12, at 11 a.m. Eastern. If you have not already done so, register here. Once you have registered, you will receive email reminders from our webinar provider, Zoom, prior to the session with a link to join. Apple (AAPL)…

Our Chewy (CHWY) call expired worthless on Friday, so I am recommending another one to sell today. If you do not currently have a CHWY position, you can enter one now. Just be aware that you will need to buy 100 shares of the stock first for every call you plan to sell to make…

Here’s where we stand with our Perpetual Income Portfolio Club positions heading into the weekend. AAPL Apr Week Two (4/9) 125 Call Apple (AAPL) is slowly reclaiming lost ground following the sell-off in tech. I do not anticipate any major moves in the stock until the company announces earnings in late April or early May.…

I am recommending we roll our Apple (AAPL), Chewy (CHWY) and Starbucks (SBUX) calls out one week. Our positions have been hit as money rotated out of growth stocks and into industrials and consumer staples, but I do not expect this trend to last long. In the meantime, we’ll continue to generate income by selling…

Our Chewy (CHWY) call expired worthless on Friday, so we are selling a new call against our uncovered shares. If you are not currently in a CHWY position, you can enter one today. Just be aware that you will need to buy 100 shares of the stock first for every call you plan to sell…

Here’s where we stand with our Perpetual Income Portfolio Club positions heading into the weekend. AAPL Mar Week Four (3/26) 125 Call Apple (AAPL) struggled following a pop early in the week. The issue is with the stock, not with the company. Apple and other pricey tech stocks were hit as bond yields rose and…

I am recommending we roll all of our expiring Perpetual Income Portfolio Club positions. We will be rolling the Apple (AAPL) and Chewy (CHWY) calls out one to two weeks and to higher strikes. While we will incur a net debit to do so, we will be capturing more potential appreciation. If you not currently…

We have three new positions this week, which I introduced in today’s Perpetual Income Portfolio Club Live Trading Session. You can watch a recording of the session here. Our Apple (AAPL) call expired worthless on Friday and we were assigned shares of Chewy (CHWY). I am recommending calls to sell today. If you are not…

Editor’s note: Michael is hosting a Perpetual Income Portfolio Club Live Trading Session on Monday, March 8, at 11 a.m. Eastern. If you have not already done so, register here. Once you have registered, you will receive email reminders from our webinar provider, Zoom, prior to the session with a link to join.   Here’s…