Close A Trade Early For A Loss Can Be A Winning Strategy

In trading, losses happen… Good traders know this and plan for an early trade exit when the position goes against them. Because they know that ONE really bad trade can wipe out the gains of previous winning trades. My latest Trade Scan video shows you why it’s smart to have an “Early Exit Plan” for […]

9 Post-Earnings Trade Set-ups

I just released 9 post-earnings trade set-ups in my latest Trade Scan video below. Even with earnings over, the implied volatility in these stocks is still above 50% and rich premiums are there for the taking. Check out my latest Trade Scan video get my 9-post earnings trade set-ups now. If you want to get […]

Don’t wait. Take profits early…

Nobody ever got “fired” for taking a profit… as the old trading adage goes. That’s why when Las Vegas Sands stock sold off hard in one day, our Smart Options Income members closed our LVS bear call spread trade early for a nickel … we grabbed a 22.8% return or $540 of cash profit in […]

Still Collecting Warm Cash As November Winds Blow

Get 46% yield from a stock that doesn’t pay a dividend

In this crummy low-interest rate environment, how would you like to make an income trade that generated 3.6% in 16 days for an annualized return of 46%?

Three-day Netflix binge yields 15% profits

Everyone has binged a Netflix series at least once…right? But, how about a binge on Netflix stock by selling a credit spread for the tune of $464 of profit in just 3 days? That’s what we did. During a live trading session with my Smart Option Income subscribers, I recommended a bullish spread on Netflix […]

One stock…two option trades…over $1,000 profit

We like to collect cash selling weekly put options. But sometimes it pays to be patient and collect even more cash over time selling covered calls. That’s the trade we closed recently … using one stock…making two simple trades.. and collecting $1,000 in profit. Micron Technology , the micro chip company, has been a trading […]

How the P/E Discount Helped Us Avoid a 35% Haircut

I want to share some insight into the value of using the Discount % as part of the Stock Investor’s Blueprint and Millionaire 50 portfolios. Each month, we run our core algorithm and then rank our stocks based on the Discount %. The stocks we want to own will have a negative discount percentage, i.e., […]

A “24 Hour Cash Wonder” Trade

Income investors love to sell options for an extra weekly cash payday … But there are some weeks when the cash piles up even faster…like in 24 hours or less. Last week we closed out one of those “24 hour cash wonder” trades for a nice easy profit. EOG Resources (EOG) is the best “fracker” […]