Our Advanced Micro Devices (AMD), Taiwan Semiconductor Manufacturing (TSM) and Walgreens Boots Alliance (WBA) protective puts are on track to expire worthless. We will simply watch them do so. AMD Jun Week Four (6/24) 75 Put Note: No action is needed on the AMD Jul Week One (7/1) 88 Call at this time. Current Stock…
We accepted shares in a number of positions last week. As I said, the math of selling calls simply makes more sense in the current market environment than continuing to roll the puts. Not only will we be able to collect cash, but we can capture potential appreciation when the market recovers. The goal will…
Our Advanced Micro Devices (AMD) and Pfizer (PFE) puts are deep underwater. I am recommending we accept shares, as the math of selling calls simply makes more sense in the current market environment than continuing to roll the puts. Not only will we be able to collect cash, but we can capture potential appreciation when…
We have a modest profit on our Advanced Micro Devices (AMD), Taiwan Semiconductor Manufacturing (TSM) and Walgreens Boots Alliance (WBA) protective puts. I am recommending we roll them out one week and to lower strikes. This will allow us to pocket some cash while keeping our hedge in place, which could pay off handsomely if…
Given the possibility of a sell-off following the conclusion of the Federal Reserve meeting this afternoon, I am recommending we buy protective puts on Advanced Micro Devices (AMD), Taiwan Semiconductor Manufacturing (TSM) and Walgreens Boots Alliance (WBA). Note that these puts are being purchased as hedges. Ideally, the market will go up and they will…
I am recommending we roll our Taiwan Semiconductor Manufacturing (TSM) and Walgreens Boots Alliance (WBA) calls out two weeks to generate income and reduce our cost basis on the positions. TSM Jun Week One (6/3) 92.50 Call Current Stock Price: $94.43 Cost Basis: $124.73 Action: Buy to close the TSM Jun Week One (6/3) 92.50…
Our Advanced Micro Devices (AMD) put is deep in the money, but given the terrific premiums, I am recommending we roll our put out one week. The income we generate will help reduce the sizeable net debit we have on the position. I am also recommending we roll our Taiwan Semiconductor Manufacturing (TSM) and Walgreens…
I am recommending calls to sell against our uncovered shares of Taiwan Semiconductor Manufacturing (TSM) and Walgreens Boots Alliance (WBA) to reduce our cost basis on the positions. Note that these trades are only for members who already own shares from previous positions. TSM Uncovered Shares Current Stock Price: $93.01 Cost Basis: $126.89 Action: Sell…
Our Taiwan Semiconductor Manufacturing (TSM) and Walgreens Boots Alliance (WBA) calls are on track to expire worthless. We will simply watch them do so and I will recommend new calls to sell against these names soon. TSM May Week Two (5/13) 95 Call Current Stock Price: $90.94 Cost Basis: $126.89 Action: Watch call expire worthless…
I am recommending we roll our Taiwan Semiconductor Manufacturing (TSM) and Walgreens Boots Alliance (WBA) calls out two weeks and to higher strike prices to capture more potential appreciation. We will also generate income to reduce our cost basis on the positions. TSM Apr Week Five (4/29) 93 Call Current Stock Price: $92.69 Cost Basis:…
