Let’s book fast profits on our Uber (UBER) put, earning a 0.6% return in three days, or 72% annualized. Current Stock Price: $38.55 Cash in Hand: $0.45 Action: Buy to close the UBER May Week Four (5/26) 37 Put for around $0.23, but adjust as needed to close today Profit: $0.22, or $22 per contract
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Uber (UBER) May Week Four (5/26) 37 Put for around $0.45. You can go as low as $0.39, but please don’t start there and always use limit orders. (Current stock price: $37.87) TRADE TWO: Sell to open Starbucks (SBUX)…
Uber (UBER) is continuing to move higher today following yesterday’s big run up. Let’s book profits on our put now rather than risk a profit-taking reversal, earning a 0.6% return in two days, or 113% annualized. Current Stock Price: $37.16 Cash in Hand: $0.33 Action: Buy to close the UBER May Week Two (5/12) 34…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Uber (UBER) May Week Two (5/12) 34 Put for around $0.33. You can go as low as $0.28, but please don’t start there and always use limit orders. (Current stock price: $35.80) TRADE TWO: Sell to open Cheniere Energy…
