Intel Setback Opens Door for Fresh Opportunities
Despite closing several profitable positions in August, Options Income Weekly members saw a net loss for the month after closing down a recovery trade in Intel (INTC). But with the capital we’ve freed up, we’re focusing on more lucrative opportunities in the technology and energy sectors.
Find out why we moved on from Intel and which new stocks we’re targeting here.
Big Defensive Win in VRT Yields 4-Figure Profit
Data-center systems specialist Vertiv Holdings (VRT) has become one of our go-to income stocks, offering profitable opportunities through both cash-secured puts and bull put spreads. However, when the summer tech-sell off hit stocks, we ended up being forced to play defense. But with some active trade management and a little help from the market, we ended up with our biggest winner to date on the stock.
Now, with our recovery trade closed, we’re back on the offensive.
Straddle Strategy Shines With Volatile TSLA
Despite our initial challenges with a Tesla (TSLA) credit spread position, we managed to greatly reduce our loss on the recovery trade. When we went back to the stock this month in the Income Masters program, we tried a new strategy that paid off quickly, yielding a nearly 15% return in just three days. Plus, we generated more than enough cash to offset our loss on the previous position.
Find out how we did it.
1 Stock, 20 Winners, $5,732 in Cash
Income Masters members pocketed over $3,100 in cash last week, closing out nine profitable trades. The largest income generator was a recovery trade on a drugmaker we’ve been trading successfully for the past year.
In fact, last week’s closeout represented the 20th winning trade on the stock in a row with more than $5,700 in total cash generated. And we plan to go back to it with another trade this week when we kick off Income Madness.
How We’re Finding Profits on the Tech Roller Coaster
The stock market experienced extreme volatility last week thanks to renewed recession fears and the unwinding of the yen carry trade. While some stocks have become more attractively priced, especially mega-cap tech names, the overall market remains uncertain. Yet, we’re finding opportunities to profit from both rising and falling prices.
Find out what we’re trading and how we’re mitigating risk in this volatile market.
Tech Correction, Great Rotation Shake Up Investment World
What is going on right now? How did we go from one of the strongest days in recent history to one of the worst? The S&P 500 lost over 1.25% in a single trading session, which is usually a sign of panic, but yet almost all market sectors are trading higher than 5 days ago. Is this selloff just on the marquee names or is there something more behind this? The jam-packed week of earnings and the Fed didn’t disappoint, but let’s examine what could be next for this market.
Patience Key as Traders Face New Challenge
With the swift market downdraft led by the Magnificent Seven, higher volatility is
overshadowing the erosion of time value, making it harder to turn over capital quickly. But
traders who exercise patience and don’t let their emotions get the best of them are likely to rule
the day.
Income Madness Generates $3,621 in 25 Days
The results are in! We closed our final trade from the June round of Income Madness on Friday. We booked 19 profitable trades in a row, generating more than $3,600 in cash in just three and a half weeks.
Find out which options income strategies we used and how we navigated market conditions to achieve these results.
Short-Term Trades Fuel July Profits
Let’s take a look at how our Options Income Weekly trades are faring so far this month and where we’re finding opportunities amid the hot, summer days.
In addition to putting our options buying power to work in some new sectors, we’re actively managing a few recovery positions and one longer-term call trade that could turn out to be a solid income generator for us.
Tesla Has Taken Us On a Wild Ride
Since we entered a bearish trade on Tesla (TSLA) in mid-April, the stock has rallied more than 65% despite a disappointing Q1 earnings report. Rather than book a loss, we’ve been adjusting our strategy and are close to breakeven on the trade. However, the company is set to report earnings again next week.
