Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Apple (AAPL) Dec Week One (12/3) 167.50 Put for around $1.07. You can go as low as $1, but please don’t start there and always use limit orders. (Current stock price: $169.58) TRADE TWO: Sell to open SPDR S&P…
Let’s book profits on our Applied Materials (AMAT), First Solar (FSLR) and SPDR S&P Biotech ETF (XBI) positions. AMAT Nov Week One (11/5) 130 Put Current Stock Price: $135.79 Cash in Hand: $1.77 Action: Buy to close the AMAT Nov Week One (11/5) 130 Put for around $0.74, but adjust as needed to close today…
Below are the trades from today’s Income Masters Live Trading Session. Action on Existing Position I am recommending we roll our SPDR S&P Biotech ETF (XBI) put out one week. You can sell the Oct. 29 put even if you were not in the previous position. Just be aware that we will be managing and…
While I am not holding a Live Trading Session today, I am recommending two new trades TRADE ONE: Sell to open the Advanced Micro Devices (AMD) Oct Week Four (10/22) 114 Put for around $1.05. You can go as low as $0.89, but please don’t start there and always use limit orders. (Current stock price:…
I am recommending we roll our Applied Materials (AMAT) and Starbucks (SBUX) puts out one week to buy time. Let’s accept shares of D.R. Horton (DHI). I will recommend a call to sell against them soon. Finally, I want to close our SPDR S&P Biotech ETF (XBI) put at a small profit. AMAT Oct Week…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open the Applied Materials (AMAT) Oct Week Two (10/8) 130 Put for around $2.52. You can go as low as $2.30, but please don’t start there and always use limit orders. (Current stock price: $133.12) TRADE TWO: Sell to open…
I am recommending we book profits on First Solar (FSLR), Kroger Co. (KR), Taiwan Semiconductor Manufacturing (TSM), SPDR S&P Biotech ETF (XBI) and YETI Holdings (YETI). FSLR Sep Monthly (9/17) 92.50 Put Current Stock Price: $96.40 Cash in Hand: $3.75 Action: Buy to close the FSLR Sep Monthly (9/17) 92.50 Put for around $1.85 Profit:…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open the YETI Holdings (YETI) Aug Monthly (8/20) 95 Put for around $0.80. You can go as low as $0.65, but please don’t start there and always use limit orders. (Current stock price: $97.17) TRADE TWO: Sell to open the…
I am recommending we book profits on Chewy (CHWY) and SPDR S&P Biotech ETF (XBI). Our Starbucks (SBUX) and Western Digital (WDC) puts are in the money. Rather than roll, I am recommending we accept shares. We will sell calls against them soon. CHWY Aug Week Two (8/13) 90 Put Current Stock Price: $96.71 Cash…
I am recommending we sell a call against our uncovered Microsoft (MSFT) LEAP. MSFT Sept 2022 (9/16/22) 250 Call Note: If you were not in the previous MSFT LEAP call spread trade and want to enter one today, you must first buy the MSFT Sept 2022 (9/16/22) 250 Call before selling today’s call. However, please…
