Triple Play Income Alert: CAH, IBM, VALE

We have several more positions to manage before the weekend.    TRADE ROLL   Cardinal Health (CAH):  78.73   It was a banner week for Cardinal Health.    Cardinal Health received several analyst upgrades over this past week and then yesterday reported better-than-expected second quarter earnings and raised 2023 guidance … all good signs. Cardinal […]

Triple Play Income Alert: IBM Roll

One last position to manage before the end of the year. We will be back next week managing a number of our open positions. Also, we will schedule our Triple Play Income year-end wrap-up and quarterly review sometime in mid-January.   Happy New Year!   TRADE ROLL   IBM (IBM): 139.89   ACTION:  Roll the […]

Triple Play Income Alert: BX, CAH, CF, IBM, RIO

The reaction by the market to this week’s events was expected and unexpected. The CPI report came in looking better and market traded higher. The Fed raised rates by 0.50 as expected and the market sold-off. And today is the “Triple Witching” day each quarter and the market is down again.   We have few […]

Triple Play Income Alert: CF, IBM, WMB

TRADE ROLL   CF Industries (CF):  104.38   Another week where CF stock has traded up and down despite a steady drop in IV Percentile to below 40. Let’s play it cautious here. We will roll our put out one week and up one strike.   ACTION:  Roll the CF 2 Dec 99 put to […]

Triple Play Income Alert: IBM, PM

Here is an update on two of our positions with no action to take this week.   IBM (IBM): 148.56   IBM stock price has gone straight up ever since they beat earnings on 10/19. We were called out of the stock last week at a nice profit and it’s time to get back in […]

Triple Play Income Alert: CF, IBM, KHC, OKE

TRADE ROLL   CF Industries (CF):  101.44   CF Industries stock continues to give us an up-and-down ride. The short-term momentum may be slowing so let’s roll our put out two weeks and roll it down 2 strikes and still collect a rich credit.   ACTION:  Roll CF 18 Nov 101 put to the 2 […]

Triple Play Income Alert: IBM

Only one trade today. We need to re-enter IBM buying the stock today and selling a covered call.   BUY/WRITE (Buy Stock and Sell Covered Call)   IBM (IBM):  138.15   We were called out of IBM stock over the weekend and goes ex-dividend Wednesday (11/9) paying $1.65, so we must own the stock by […]

Triple Play Income Alert: CF, IBM, CAH, GILD

The Fed raised rates, stocks sold off and then bounced back and are flat here at the end of the week. We will take this chance to re-enter two of our stronger healthcare positions selling puts and let one of our positions be called away.   CF Industries (CF):  105.54   This shows you the […]

Triple Play Income Alert: IBM, KHC, OKE

We have a number of Triple Play Income positions with calls expiring today. We will break this into two alerts and get most of our positions rolled today.   TRADE ROLL   IBM (IBM):  129.58   IBM had a good Q3 earnings report earlier this week. They beat EPS estimates by a penny but revenue […]

Triple Play Income Alert: ABBV, CF, IBM, VALE

The Fed spoke. They want to beat down inflation with increasing rate hikes and hope for a soft landing into a minor recession. Ok. Who knows if we get that but stocks continue to pay the price with another down day on Wall Street.   We have a few positions that are trading against the […]