Let’s book fast profits on our Williams-Sonoma (WSM) put. While we will be giving back a good deal of premium, there’s too much cash on the table to leave the trade open for another three weeks. Plus, our annualized rate of return of 92% is well ahead of our target, making closing now a no-brainer.…
Next week could be a wild one with a spate of earnings reports from mega tech and a Federal Reserve meeting. However, I do not want to sit on the sidelines. So today, I am recommending we put some capital to work with two new trades. The first is a put on home furnishings retailer…
Let’s book fast profits on our Williams-Sonoma (WSM) put. While we will be giving back a good deal of premium, there’s too much cash on the table to leave the trade open for another two weeks. Plus, our annualized rate of return is well ahead of our target, making closing now a no-brainer. Current Stock…
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…
I am recommending we book profits on our Williams-Sonoma (WSM) bull put spread, earning a 2.6% return on our capital. Current Stock Price: $128.69 Cash in Hand: $0.42 Action: Buy to close the WSM Jun Monthly (6/17) 105 Put for around $0.28 Sell to close the WSM Jun Monthly (6/17) 95 Put for around $0.12…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Roku (ROKU) Jun Week Two (6/10) 80 Put for around $0.83. You can go as low as $0.75, but please don’t start there and always use limit orders. (Current stock price: $97.04) TRADE TWO*: Sell to open the Williams-Sonoma…
Williams-Sonoma’s (WSM) earnings are around the corner. I want to play it safe by booking profits on our standalone put and spread positions. WSM Nov Monthly (11/19) 185 Put Current Stock Price: $208.08 Cash in Hand: $7.10 Action: Buy to close the WSM Nov Monthly (11/19) 185 Put for around $2.50, but adjust as needed…
Crocs (CROX) and Williams-Sonoma (WSM) have run up. I am recommending we roll our puts up to higher strikes, while keeping the expiration date the same, to generate more income. If you are not in the current positions and want to enter these trades, you can sell the higher-strike puts. Just be aware that we…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE*: Sell to open Williams-Sonoma (WSM) Nov Monthly (11/19) 175 Put for around $5.55. You can go as low as $5.20, but please don’t start there and always use limit orders. (Current stock price: $181.23) Or… Sell to open the WSM Nov Monthly…
Our Apple (AAPL), Moderna (MRNA), Peloton Interactive (PTON) and Williams-Sonoma (WSM) bull put spreads are on track to expire worthless. We will continue selling spreads on PTON and MRNA to reduce our net debits on the positions. And we will book the maximum profit on AAPL and WSM. AAPL Oct Monthly (10/15) 135/130 Put Spread…
