7/26/2020 Plan: Last we we tried to sell puts (or put spreads) in Slack (Ticker: WORK). This week, we try again! 7/26/2020 Plan (continued): WORK – Sell 1 of the 21 August 25 puts for 0.34. You could spread with the 23 strike for 0.25. Prices are as of market […]
put-sale
This week we look at a bullish play in my favorite company in Idaho. No, not ADM Edible Bean Specialties (Ticker: ADM), but the maker of computer memory, Micron (Ticker: MU). Apologies for not making the obligatory potato joke. A 6 month chart shows that Micron has recovered much of […]
7/19/2020 Plan: Two ideas this week – both are bullish cash secured put spreads – feel free to pick one or the other based on your account size, or consider spreads. Slack (Ticker: WORK) and Prudential (Ticker: PRU) 7/19/2020 Plan (continued): WORK – Sell 1 of the 21 August 26 […]
Tech is hot this year. As of 7/10/2020, QQQ is up over 24% while the SPY is still down (a bit). This week, we cover a stock you’ve probably never heard of – Momo Inc. (Ticker: MOMO). Descriptions are generic, but essentially it is a social networking and entertainment platform […]
7/05/2020 Plan: Two ideas this week in two very different names – Seagate Technology PLC (Ticker: STX) and Hartford Financial Services Group Inc. (Ticker: HIG) 7/05/2020 Plan (continued): STX – Sell either the 17 Jul 45/42 put spread for 0.38 or 24 Jul 44/41 for 0.40 HIG – Sell 31 […]
6/21/2020 Plan: This week we look to sell a put in Capital One Financial (Ticker: COF) 6/21/2020 Plan (continued): COF sell 10 Jul 55 put for 0.77 (at the midpoint, the bid is 0.64) Prices are as of market close 6/19/2020, actual fill and strikes may differ depending on Monday […]
Delta’s old slogan has a much different feel to it, given the current pandemic. Delta used this saying back in 1968. It must have worked well, since they brought it back for an encore in 1984. Given travel dropped over 90% at the lows, Delta likely wants us to be […]
6/14/2020 Plan: This week we return to Metlife (Ticker: MET) 6/14/2020 Plan (continued): MET sell 17 Jul 30 put for 0.58 If you prefer to spread due to IRA restrictions or for margin purposes, 30/27.5 for 0.23 x2 Prices are as of market close 6/12/2020, actual fill and strikes may […]
5/31/2020 Plan: This week we look at a neutral/bullish trade in Metlife (Ticker: MET) 5/31/2020 Plan (continued): MET sell 19 Jun 32 put for 0.38 If you prefer to spread due to IRA restrictions or for margin purposes, 32/30 for 0.20 x2 Prices are as of market close 5/29/2020, actual […]
I don’t actually have a Capital One (Ticker: COF) credit card in my wallet. I do have a debit card, though. I had my first online savings account with ING in the early 00s and Capital One bought them up back in 2011 for $9B. With this week’s trade, I’m […]