United Airlines (UAL) sold off this week after the airline forecast a first-quarter loss, citing weaker demand and higher fuel costs. This obviously came as a surprise to me and the market, as the company’s earnings report is not expected for another month. Our put is deep in the money. Let’s roll it now to…
Below are the trades from today’s Income Madness Live Trading Session. TRADE ONE: Sell to open United Airlines (UAL) Mar Monthly (3/17) 49 Put for…
I am recommending we book fast profits on our United Airlines (UAL) put, earning an excellent annualized rate of return. Current Stock Price: $50.98 Cash in Hand: $0.38 Action: Buy to close the UAL Mar Week One (3/3) 46 Put Current Option Price: $0.09 – $0.11 Recommended Limit: Set your initial limit order at $0.10…
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 play it safe and book modest profits on our First Solar (FSLR) and United Airlines (UAL) puts now. FSLR Feb Week Two (2/10) 160 Put Current Stock Price: $166.64 Cash in Hand: $0.95 Action: Buy to close the FSLR Feb Week Two (2/10) 160 Put for around $0.31, but adjust as needed to close…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open First Solar (FSLR) Feb Week Two (2/10) 160 Put for around $0.95. You can go as low as $0.87, but please don’t start there and always use limit orders. (Current stock price: $174.75) TRADE TWO: Sell to open United…
Let’s book fast profits on our United Airlines (UAL) put, earning a 0.7% return in two days, or 122% annualized. Current Stock Price: $49.10 Cash in Hand: $0.42 Action: Buy to close the UAL Jan Week Four (1/27) 45 Put for around $0.12, but adjust as needed to close today Profit: $0.30, or $30 per…
United Airlines (UAL) reported better-than-expected fourth-quarter 2022 results earlier this week, delivering its third consecutive profitable quarter. Moreover, revenue surged more than 51% year over year thanks to strong air-travel demand. The airline’s outlook was upbeat, with management forecasting capacity will improve by 20% year over year in the current quarter, while revenue is expected…
I am recommending we book fast profits on our Chewy (CHW) put, earning an excellent annualized rate of return. I also want to close United Airlines (UAL) with a small profit rather than risk having to roll it out into the new year. CHWY Dec Week Four (12/23) 38 Put Current Stock Price: $41.42 Cash…
I am recommending we roll our United Airlines (UAL) put out one week to avoid assignment and buy some time for shares to move higher. We will also pick up some more cash. This week’s broader market sell-off overshadowed positive news in the sector. I expect this to be a short-term move and for a…
