Let’s book fast profits on our Starbucks (SBUX) put, earning a 0.6% return in two days, or 117% annualized. Current Stock Price: $91.57 Cash in Hand: $0.60 Action: Buy to close the SBUX Sep Monthly (9/16) 84 Put for around $0.06, but adjust as needed to close today Profit: $0.54, or $54 per contract
Below is the trade from today’s Income Masters Live Trading Session. ACTION: Sell to open Starbucks (SBUX) Sep Monthly (9/16) 84 Put for around $0.60. You can go as low as $0.52, but please don’t start there and always use limit orders. (Current stock price: $86.87) Download Presentation Slides
The premium on our Starbucks (SBUX) spread has fallen to a nickel. Let’s book profits now rather than tie up the capital for another week. By doing so, we’ll earn a 6.4% return in three days, or 779% annualized. Current Stock Price: $89.03 Cash in Hand: $0.21 Action: Buy to close the SBUX Sep Monthly (9/16)…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Roku (ROKU) Sep Monthly (9/16) 55 Put for around $0.70. You can go as low as $0.62, but please don’t start there and always use limit orders. (Current stock price: $64.36) TRADE TWO: Sell to open Marathon Petroleum (MPC)…
I am recommending we book profits on our Applied Materials (AMAT), Starbucks (SBUX) and Valero (VLO) puts. While we will be giving back some cash to do so, this is not the kind of market where it pays to get greedy. Mr. Market has been unpredictable, and we have more bank earnings coming out on…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Applied Materials (AMAT) Jul Week Four (7/22) 82 Put for around $0.69. You can go as low as $0.63, but please don’t start there and always use limit orders. (Current stock price: $88.05) TRADE TWO: Sell to open Starbucks…
Let’s book fast profits on our Applied Materials (AMAT) and Starbucks (SBUX) positions. AMAT Jul Week Two (7/8) 85 Put Current Stock Price: $89.97 Cash in Hand: $0.61 Action: Buy to close the AMAT Jul Week Two (7/8) 85 Put for around $0.14, but adjust as needed to close today Profit: $0.47, or $47 per…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Starbucks (SBUX) Jul Week Two (7/8) 76 Put for around $0.48. You can go as low as $0.42, but please don’t start there and always use limit orders. (Current stock price: $78.01) TRADE TWO*: Sell to open the Nvidia…
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…
