I am recommending we book fast profits on our Charles Schwab (SCHW) put, earning an excellent annualized rate of return. Current Stock Price: $58.66 Cash in Hand: $0.28 Action: Buy to close the SCHW Mar Monthly (3/17) 47.50 Put Current Option Price: $0.08-$0.09 Recommended Limit: Set your initial limit order at $0.09, but adjust as…
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…
Let’s book fast profits on our Salesforce (CRM) bull put spread and Charles Schwab (SCHW) put. CRM Dec Week Two (12/9) 125/120 Put Spread Current Stock Price: $130.39 Cash in Hand: $0.22 Action: Buy to close the CRM Dec Week Two (12/9) 125 Put for around $0.15 Sell to close the CRM Dec Week Two…
Below are the trades from today’s Income Madness Live Trading Session. TRADE ONE: Sell to open Block (SQ) Dec Week Two (12/9) 58 Put for…
Let’s book fast profits on our Charles Schwab (SCHW) put, earning a triple-digit annualized rate of return. Current Stock Price: $79.06 Cash in Hand: $0.70 Action: Buy to close the SCHW Nov Week One (11/4) 71 Put Current Option Price: $0.10-$0.17 Recommended Limit: Set your initial limit order at $0.14, but adjust as needed to…
Charles Schwab (SCHW) is up more than 9% since the company reported better-than-expected earnings last week on record revenue, helped by rising interest rates and more retail trading activity. Let’s put some capital to work by selling a put. Current Stock Price: $73.77 Action: Sell to open the SCHW Nov Week One (11/4) 71 Put…
I am recommending we close our Charles Schwab (SCHW) put at breakeven. We entered this position in April 2022, when the S&P 500 was around 4,462. The broader market index is down 16% since then. When the market turned against us, we were assigned shares. SCHW hit a low of $59.35 on June 13. At…
I am recommending we roll our Marvell Technology (MRVL) and Charles Schwab (SCHW) puts out two weeks to buy ourselves some time for the underlying stocks to move higher and to generate more income. With core stock MRVL, you can enter the second leg of today’s trade even if you were not in the previous…
I am recommending we roll our Charles Schwab (SCHW) put to generate more income and reduce our net debit on the position. We are going out two weeks due to next week’s Federal Reserve meeting. While the Fed is widely expected to raise rates 0.75%, the market could move sharply in either direction based on…
I am recommending we roll our General Motors (GM) and Charles Schwab (SCHW) puts out one week to generate more income and reduce our net debits on the positions. You can enter the second leg of today’s GM trade even if you were not in the previous one. Just be aware that we will be…
