We also have an opportunity to exit our United Airlines (UAL) put. The position did not work out as well as originally hoped. But, by rolling, we were able to avoid a loss and walk away with a small profit. Current Stock Price: $39.36 Cash in Hand: $0.32 Action: Buy to close the UAL Sep…
I am recommending we roll our Nike (NKE) and United Airlines (UAL) puts out two weeks to avoid assignment, generate more cash and buy some time for shares to recover. With UAL we will be giving back some cash to lower our strike, thus reducing our exposure. NKE Sep Week One (9/2) 110 Put Current…
I am recommending we roll our United Airlines (UAL) put out one week and to a lower strike to reduce our chances of being assigned shares. At the current midpoints, this is a roughly cash-neutral roll, but adjust your limit accordingly to roll the put. This will hopefully buy us the necessary time to exit…
There was no live trading this week, and I held off putting on new trades to see if the market would react to the Federal Reserve meeting minutes. With that out of the way, I am recommending two new trades. TRADE ONE: Sell to open Applied Materials (AMAT) Sep Week One (9/2) 100 Put for…
I am recommending we book profits on our D.R. Horton (DHI) and United Airlines (UAL) puts. DHI Aug Monthly (8/19) 70 Put Current Stock Price: $79.10 Cash in Hand: $0.62 Action: Buy to close the DHI Aug Monthly (8/19) 70 Put Current Option Price: $0.15-$0.20 Recommended Limit: Set your initial limit order at $0.18, but…
Download Slides Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. Note that option prices may have moved since the…
United Airlines (UAL) has struggled since we entered the trade one week ago. Let’s exit now with a small profit rather than risk having to roll out a week. Current Stock Price: $35.45 Cash in Hand: $0.42 Action: Buy to close the UAL Jul Week Five (7/29) 35 Put for around $0.35, but adjust as…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Blackstone (BX) Jul Week Five (7/29) 90 Put for around $0.97. You can go as low as $0.80, but please don’t start there and always use limit orders. (Current stock price: $96.87) TRADE TWO: Sell to open United Airlines…
United Airlines (UAL) has moved against us, but today’s reversal in the stock is allowing us to exit with a tiny loss. In this market, that is the right move. Current Stock Price: $36.76 Cash in Hand: $0.35 Action: Buy to close the UAL Jul Week Two (7/8) 35 Put Current Option Price: $0.36-$0.39 Recommended…
Download Slides Below are the trades I recommended in today’s Options Income Blueprint Live Trading Session. Note that option prices may have moved since the…
