Triple Play Income Trade Alert: DOW, IBM

  After a wild few days in the market last week, maybe we will see some calmer conditions prevail. Volatility has eased and there are some opportunities for us to manage a couple of our positions early in the week.   NEW TRADE   Dow Inc. (DOW):  68.29   Our Dow 66 put expired worthless […]

Triple Play Income Trade Alert: IBM, PM

This market continues to whipsaw stocks intra-day. Two days in a row where we start out with positive gains in the indexes and just before noon the sell-off begins. Today a repeat. That’s why we are waiting through the noon hour before issue trade management alerts.   TRADE   Philip Morris (PM):  102.55   Philip […]

Triple Play Income Trade Alert: IBM

After a late day bounce in the stock market after the Fed announcement, volatility has come screaming back pushing the market lower. We don’t like selling covered calls on really big down days in the market only to see the stocks bounce higher the next day. We will need to be patient with several of […]

Triple Play Income Trade Alert: IBM, RIO, VALE

Triple Play Income Trade Alert: IBM, RIO, VALE Dear Triple Play Income Member, We have 3 trade positions to review and act on two of them today or tomorrow.   IBM (IBM):  133.865 Last week, our IBM 4 Feb 129 call was deep in the money heading into IBM’s ex-dividend date … today (2/10). We […]

Triple Play Income Trade Alert: CAH, IBM

Triple Play Income Trade Alert: CAH, IBM Dear Triple Play Income Member, We have two more Friday expirations we can roll today. Cardinal Health (CAH): 51.32 Cardinal Health beat on its earnings report this morning by 0.04 while revenues rose 9.4% year over year to $45.46 billion. The company did lower guidance for 2022 on earnings […]

Triple Play Income Trade Alert: IBM

Triple Play Income Trade Alert:  IBM Dear Triple Play Income Member, Let’s go ahead and roll our IBM call position out today with the stock price down in this afternoon’s trading. IBM (IBM):  132.595 IBM earnings came out on Monday with a pleasant surprise:  Strong upside numbers. They reported a solid beat on EPS and […]

Triple Play Income Trade Alert: IBM

Triple Play Income Trade Alert:  IBM Dear Triple Play Income Member, Let’s go ahead and roll our IBM call position out today with the stock price down in this afternoon’s trading. IBM (IBM):  132.595 IBM earnings came out on Monday with a pleasant surprise:  Strong upside numbers. They reported a solid beat on EPS and […]

Triple Play Income Trade Alert: DOW, IBM

Triple Play Income Trade Alert: DOW, IBM Dear Triple Play Income Member, The market is selling off again today out of fear of rate hikes ahead of the Fed meeting this week. There are a couple of positions we can manage today. For the remaining either open stock positions or December 17 expirations, we will […]

Triple Play Income Trade Alert: IBM, GILD, PM

Triple Play Income Trade Alert: IBM, GILD, PM Dear Triple Play Income Member, Here is a final look at several of our positions with open options expiring today. IBM (IBM):  122.67 If you own shares of IBM stock as we do in the Triple Play Income portfolio, then you were probably surprised by two events […]

Triple Play Income Trade Alert: ABBV, IBM

  Triple Play Income Trade Alert: ABBV, IBM Dear Triple Play Income Member, A final update on several of our positions before the weekend. AbbVie Inc. (ABBV):  114.47 AbbVie Inc. reported earnings this morning. They beat EPS by $0.11; increase FY21 EPS guidance and revenues rose 11.3%. The stock is up almost $5 today with […]