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…
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…
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)…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Uber (UBER) May Week Four (5/26) 37 Put for around $0.45. You can go as low as $0.39, but please don’t start there and always use limit orders. (Current stock price: $37.87) TRADE TWO: Sell to open Starbucks (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…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Starbucks (SBUX) May Week Two (5/12) 102 Put for around $0.72. You can go as low as $0.65, but please don’t start there and always use limit orders. (Current stock price: $104.55) TRADE TWO: Sell to open Marathon Petroleum…
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)…
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…
Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. Note that option prices may have moved since the Live Trading…
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…
