SQSP

OIB Trade Alert: C, SQSP

Citigroup’s (C) recent sell-off is a bit surprising in light of the Federal Reserve’s comments about raising interest rates and tapering bond purchases. But this is a core stock that we will continue to trade with great frequency, as premiums are excellent.   The cash we generate from today’s roll will reduce our cost basis…

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OIB Trade Alert: RUN, SQSP

Sunrun (RUN) and Squarespace (SQSP) sold off sharply this week. Solar stocks took a hit due to supply chain concerns. Furthermore, the Senate approved a measure to ban imports from China’s Xinjiang region unless they can prove they were not made with forced labor. It’s possible Sunrun uses materials mined and processed with forced labor.…

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OIB Trade Alert: SQSP

Squarespace (SQSP) appears to be stabilizing so it’s time to sell a call against our uncovered shares. The income we generate will reduce our cost basis. Note that the spread between the bid and ask is wide, so you may need to work the trade to get in. Also, note that this trade is only…

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OIB Trade Alert: MRVL, SQSP

Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. You can watch a recording of the session here. Note that option prices may have moved since the Live Trading Session. Please do not chase the trades by accepting less premium than the “go as low as” price recommended below. Work…

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