Nobody ever went broke booking fast profits

Last Week's Income Report: April 4th, 2022

Selling Options - March Income

The first quarter of 2022 was the worst for stocks since the start of 2020. Remember that? When the world locked down and the S&P 500 cratered 20% in three months. This year’s decline wasn’t quite so dramatic. The broader market index finished about 5% lower after correcting around 14% from peak to trough.

That’s not to say it’s been an easy few months for investors. I’m sure the sharp sell-off in growth stocks and whipsaw trading action has you showing red on more than a few positions.

That’s true for us as well at Options Income Blueprint. But we’ve been sticking to our strategy of generating income by selling options on fundamentally sound companies. Sure, we’ve adjusted our trading style a bit to meet the current market conditions, but the foundation remains the same.

We booked six winners in March, earning $320 in income. Below is a quick rundown of last month’s closed trades:

As you can see, we made a lot of cash trading semiconductor stocks Micron Technology (MU) and Marvell Technology (MRVL). In addition to being solid companies in a strong trend, these names offer ele

vated volatility, which creates ample option selling opportunities.

As I’ve said before, my goal is not to trade new names each week. It’s to make as much cash as possible.

March’s winners bring our year-to-date cash total to $1,296.

I’m happy with this outcome, especially during such a tough quarter

The Cost Of Expansion

The Cost Of Expansion

johnh
On May 22, 2022

This is a trade that you could look for short-term selling but it could eventually be a good time to buy for the long haul

I Can’t Drive 55

I Can’t Drive 55

johnh
On May 19, 2022

Let’s start walking through a deeper dive into the numbers and see where the market is going from here…

You Can Do This, We Can Help

You Can Do This, We Can Help

johnh
On May 18, 2022

Let’s start walking through a deeper dive into the numbers and see where the market is going from here…

Get To Know The Power Of Tink

Get To Know The Power Of Tink

johnh
On May 17, 2022

This one company just posted strong earnings at the end of April and has less exposure to interest-rate risk.

Mark This Date On Your Calendar!

Mark This Date On Your Calendar!

johnh
On May 16, 2022

Could this one date really mean so much to the US economy? That date is June 1st, 2022. Today’s trade ideas are in the transportation sector…

Three Stocks Ready For a Breakout!

Three Stocks Ready For a Breakout!

johnh
On May 15, 2022

Taiwan Semiconductor Manufacturing Company (TSM) reported their first-quarter revenue was up 55% year-over-year and they are planning on price hikes in 2023 that will be passed along to their customers.

I Warned You This Would Happen

I Warned You This Would Happen

johnh
On May 12, 2022

This is why you read Filthy Rich, Dirt Poor. On April 27, I warned you that the S&P 500 was sending warning signs it would trade lower and told you there are three critical levels of support.

Is This Indicator Signaling a Bottom?

Is This Indicator Signaling a Bottom?

johnh
On May 11, 2022

Is this one indicator showing us that there is some relief in sight?

See the one indicator that may predict a market turnaround.

What’s For Dinner?

What’s For Dinner?

johnh
On May 10, 2022

If restaurants weren’t hit hard enough during the pandemic, some of them are struggling to find their footing as food prices soar.

These Wings Flew Too Close To the Sun

These Wings Flew Too Close To the Sun

johnh
On May 9, 2022

If restaurants weren’t hit hard enough during the pandemic, some of them are struggling to find their footing as food prices soar.

PREV NEXT

Contact

267 Kentlands Blvd #225
Gaithersburg, MD 20878

P. (866) 257-3008
(Monday-Friday 9:00 AM-5:00 PM EST)

E. [email protected]

Products

About

Publisher of actionable and proven strategies and tactics to help investors build wealth and reach seven-figure portfolios.

Receive the latest news

Subscribe To Our Daily Newsletter

Get notified about new articles, special events, training, and much more

Like What You See?

Leave your info below to get more options and trading ideas to your inbox

Yes, send me news to my inbox.