SBUX

Income Masters Trade Alert: SBUX

The premium on our Starbucks (SBUX) put has fallen by more than half in less than 24 hours. Let’s book profits now. Current Stock Price: $98.79 Cash in Hand: $0.42 Action: Buy to close the SBUX Jun Week Two (6/9) 97 Put for around $0.18, but adjust as needed to close today Profit: $0.24, or…

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Income Masters Trade Alert: XBI, SBUX

While there is no Live Trading Session today, let’s put some capital to work in two names we’ve traded successfully numerous times in the past. SPDR S&P Biotech ETF (XBI) Current Stock Price: $87.84 Action: Sell to open XBI Jun Monthly (6/16) 86 Put for around $0.97. You can go as low as $0.91, but…

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Income Masters Trade Alert: SBUX

Let’s book fast profits on our Starbucks (SBUX) put rather than hold through the weekend given the uncertainty surrounding the debt ceiling debate. By closing now, we’ll earn a 0.3% return in three days, or 42% annualized. Current Stock Price: $106.58 Cash in Hand: $0.93 Action: Buy to close the SBUX May Week Four (5/26)…

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Income Masters Trade Alert: MPC, SBUX

Let’s book fast profits on our Marathon Petroleum (MPC) and Starbucks (SBUX) puts, earning annualized returns of 120% and 86%, respectively. MPC May Week Two (5/12) 100 Put Current Stock Price: $107.72 Cash in Hand: $1.08 Action: Buy to close the MPC May Week Two (5/12) 100 Put for around $0.42, but adjust as needed…

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OIB Trade Alert: SBUX

Starbucks (SBUX) has bounced back. We rolled our put to buy time for the shares to recover, and our strategy worked well. Let’s close the position now at breakeven rather than risk a downside reversal before expiration. Current Stock Price: $101.29 Cash in Hand: $1.48 Action: Buy to close the SBUX Mar Week Four (3/24)…

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OIB Trade Alert: SBUX

I am recommending we roll our Starbucks (SBUX) put out one week to avoid assignment and buy time for the stock to recover. Current Stock Price: $99.44 Cash in Hand: $0.79 Action: Buy to close the SBUX Mar Monthly (3/17) 102 Put for around $2.66 Sell to open the SBUX Mar Week Four (3/24) 102…

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OIB Trade Alert: SBUX

Given recent trading action and the fact that we have hit our minimum rate of return goal, I am recommending we book profits on our Starbucks (SBUX) put rather than risk having to roll the position if the stock reverses. Current Stock Price: $106.68 Cash in Hand: $0.52 Action: Buy to close the SBUX Feb…

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