ZIM Integrated Shipping Services (ZIM) is trading higher today, and we have the opportunity to exit the position at a small loss. Let’s take it rather than risk having to roll our put on this extremely volatile stock out another week. Current Stock Price: $47.45 Cash in Hand: $0.10 Action: Buy to close the ZIM…
I am recommending a put to sell on ZIM Integrated Shipping Services (ZIM) to reduce our cost basis on the position. However, you can enter today’s trade even if you were not in the previous one. Just be aware that we will be managing and tracking it based on the ongoing position. Current Stock Price:…
I am recommending we close our ZIM Integrated Shipping Services (ZIM) put now rather than risk holding through this week’s Federal Reserve meeting. We will carry over a net debit and I will recommend another put to sell soon. Current Stock Price: $50.90 Cash in Hand: $1.05 Action: Buy to close the ZIM Jun Monthly…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Roku (ROKU) Jun Week Two (6/10) 89 Put for around $0.54. You can go as low as $0.46, but please don’t start there and always use limit orders. (Current stock price: $95.78) TRADE TWO: Sell to open ZIM Integrated…
As I discussed in this week’s Options Income Weekly LIVE, booking profits is never a mistake, especially if you’ve hit your target rate of return. With that in mind, let’s close our ZIM Integrated Shipping Services (ZIM) put. Current Stock Price: $68.31 Cash in Hand: $0.55 Action: Buy to close the ZIM Jun Week Two…
We have traded ZIM Integrated Shipping Services (ZIM) very successfully in the past. The volatile stock sports sky-high premiums, and we can capture an excellent potential return by selling a put that is around 8% out of the money. Current Stock Price: $66.38 Action: Sell to open the ZIM Jun Week Two (6/10) 61 Put…
ZIM Integrated Shipping Services (ZIM) is up around 5% today. Let’s use this opportunity to book fast profits on our put position. Current Stock Price: $68.16 Cash in Hand: $0.65 Action: Buy to close the ZIM May Week Four (5/27) 55 Put Current Option Price: $0.15-$0.25 Recommended Limit: Set your initial limit order at $0.20,…
ZIM Integrated Shipping Services (ZIM) reported record income and better-than-expected revenue for the first quarter. Management also increased its full-year guidance. This shows the company can pass on the increased cost of fuel and labor. It also shows it can raise prices as customers are willing to pay premium prices due to the global supply…
Given how prone this market is to reversals, I want to play it safe and book profits on our ZIM Integrated Shipping Services (ZIM) put. Current Stock Price: $62.29 Cash in Hand: $0.55 Action: Buy to close the ZIM May Week Two (5/13) 55 Put for around $0.05, but adjust as needed to close today…
Below are the trades from today’s Income Masters Live Trading Session. TRADE ONE: Sell to open Roku (ROKU) May Week Two (5/13) 68 Put for around $0.66 You can go as low as $0.60, but please don’t start there and always use limit orders. (Current stock price: $80.85) TRADE TWO: Sell to open ZIM Integrated Shipping Services (ZIM) May Week…
