I am recommending we roll the short legs of our VanEck Vectors Semiconductor ETF (SMH) and Target (TGT) LEAP call spreads. SMH Jan 2023 (1/20/23) 250/Jan Monthly (1/21) 310 Call Spread Note: No action is needed on the SMH Jan 2023 (1/20/23) 250 Call at this time. Current Stock Price: $288.30 Cost Basis: $69.90 Action:…
I am recommending we roll our Best Buy (BBY), First Solar (FSLR), Target (TGT) and Yeti Holdings (YETI) calls out two weeks to capture more income and/or appreciation. BBY Jan Week One (1/7) 100 Call Current Stock Price: $105.58 Cost Basis: $108.03 Action: Buy to close the BBY Jan Week One (1/7) 100 Call for…
I am recommending we roll our Best Buy (BBY), First Solar (FSLR), Target (TGT) and Yeti Holdings (YETI) calls out two weeks to generate more income and reduce our cost basis on the positions. BBY Dec Week Four (12/23) 102 Call Current Stock Price: $97.43 Cost Basis: $109.41 Action: Buy to close the BBY Dec…
I am recommending we roll our Best Buy (BBY), First Solar (FSLR), Target (TGT) and Yeti Holdings (YETI) call positions. BBY Dec Monthly (12/17) 108 Call Current Stock Price: $100.62 Cost Basis: $110.85 Action: Buy to close the BBY Dec Monthly (12/17) 108 Call for around $0.07 Sell to open the BBY Dec Week Four…
The market turbulence since the Omicron coronavirus variant spooked investors has hit some of our stocks hard. I am recommending we roll our Advanced Micro Devices (AMD) put to a lower strike to buy time for the stock to recover and reduce our risk. I am also recommending we roll the short leg of our…
We have put positions in Best Buy (BBY), Crocs (CROX) and Target (TGT) expiring today. Our BBY and CROX puts are on track to expire worthless. I will recommend new puts to sell on these names to reduce our net debits on the positions after the Thanksgiving holiday. I anticipate light trading next week and…
The short leg our Target (TGT) LEAP call spread is in the money following a run-up in the stock. I am recommending we roll out one month and to a higher strike. We will be spending some cash to do so but capturing an additional $10 in potential appreciation. With the company scheduled to announce…
Target (TGT) has spiked, so I am recommending we roll our short call to a higher strike to avoid being called out and to capture more potential appreciation. Note that no action is needed on the TGT Jan 2023 (1/20/23) 200 Call at this time. Current Stock Price: $252.70 Cost Basis: $55.17 Action: Buy to…
I am recommending we roll our Starbucks (SBUX) put to buy more time and generate additional income. Let’s also spend some cash to roll our expiring Target (TGT) call up to a higher price to capture more potential appreciation. SBUX Oct Monthly (10/15) 114 Put Current Stock Price: $112.42 Cash in Hand: $1.88 Action: Buy…
I am recommending we roll our expiring call positions in Best Buy (BBY), Target (TGT) and Western Digital (WDC) to reduce our cost basis on the positions. BBY Oct Week Two (10/8) 109 Call Current Stock Price: $109.09 Cost Basis: $115.08 Action: Buy to close the BBY Oct Week Two (10/8) 109 Call for around…
