Triple Play Income Alert: GILD, OKE

TRADE ROLL   Gilead Sciences (GILD):  83.35   Gilead Sciences reports earnings next Thursday (2/2). Not much news or excitement about the coming report so it could mean that earnings or revenue could be off. However, Gilead missed on earnings last quarter and the stock price traded higher.    Our 27 Jan 85 put is […]

Triple Play Income Alert: KHC, OKE, RIO

After the three straight days of the market closing lower, we got a lift today with the broad market trading higher. This is going to be the day of assignments … where we are going to have to let stocks be called away or take assignment of stock shares.   Kraft Heinz (KHC):  39.87   […]

Triple Play Income Alert: DOW, KHC, OKE

Fed and CPI news event weeks can be difficult for communicating trading decisions … usually volatile actions that can send the market higher or lower quickly. This week is no exception as stocks fall again on future Fed rate hike worries.   With the market down, we can roll several of our call positions today […]

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, 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: CAH, OKE

We have two more positions with expirations this Friday we can manage today.   TRADE ROLL   Cardinal Health (CAH): 66.72   Cardinal Health stock has been trading on a nice upward trajectory based on its strong business model and the settling some of its legal issues from 2021. Even with the market sell-off on […]

Triple Play Income Trade Alert: OKE Trade Update

TRADE ROLL   ONEOK (OKE) Update   We were reminded that back on 7/19 we took assignment of another 100 shares of OKE stock and that we sold a 19 Aug 60 call. We still have that position open and we can manage that now. Here is the update to that position.   ACTION:  ROLL […]

Triple Play Income Trade Alert: Roll BGS, OKE

With the market running higher since last week’s CPI report, we have several positions where stock prices are running well ahead of our call strikes. With the market down today, we can start managing several of these positions with rolls.   TRADE ROLL   B&G Foods (BGS):  24.02   Despite rising food prices around the […]

Triple Play Income Trade Alert: BX, GILD, KHC, OKE

Earnings season is starting to kick-in and several of our positions will report earnings this week including IBM who announced last night. For some of our positions, it has elevated volatility levels and will give us extra premium that’s been running light for the last 20 days or so.   We can manage a few […]

Triple Play Income Trade Alert: CAH, OKE

Stocks are trading higher after last weeks’ sell-off. Let’s start managing a few of our open and uncovered positions early this week. Here we go:   OPEN NEW CALL   Cardinal Health (CAH):  56.87   Our 20 May 58 call expired worthless on Friday. Cardinal doesn’t go ex-dividend until 6/30 and we can sell a […]