ZIM

OIB Trade Alert: ZIM

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…

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OIB Trade Alert: ZIM

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…

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OIB Trade Alert: ZIM

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,…

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OIB Trade Alert: ZIM

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…

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