Triple Play Income Alert: PM, RIO

As earnings reports continue to roll on, we have several new positions to re-enter this week. Let’s get started with two put options.   SELL PUT   Philip Morris (PM):  103.36   Philip Morris stock price has traded in the $95 to $105 range for the last year but could be aided now by a […]

Triple Play Income Alert: GILD, PM

Welcome to 2023!   We come in the new year the same we went out: ·      The S&P trading lower ·      The NASDAQ trading lower ·      The Russell 2000 (small cap stocks) trading higher ·      Treasury bonds slightly higher   Again, a market with wide swings in trading and volatility that challenged investors and traders […]

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: CWH, KHC, PM, WMB

With the Fed rate hike as expected and the market trading lower, we have a number of positions to manage and a few that we will give another day before we act. Let’s go ahead and manage 4 of our Friday expirations that we want to roll today.   TRADE ROLL   Camping World Holdings […]

Triple Play Income Alert: CWH, PM, RIO

Here are the remaining Triple Play Income positions we can manage today:   TRADE ROLL   Camping World (CWH):  25.61   Let’s roll our CHW call out 2 weeks strike to strike.   ACTION: Roll the CWH 21 Oct 29 call to the CWH 4 Nov 29 call for a net credit of around 0.35 […]

Triple Play Income Alert: CF, PM, WMB

The CPI report this morning sent the futures down before 9:30 AM Eastern only to reverse just after the market opened. Let’s take advantage of that reversal to add to and manage a few of our positions.   TRADE ROLL   CF Industries (CF):  106.83   We continue to ride the commodity inflation wave in […]

Triple Play Income Update

Wow. We should be getting used to this but it’s never fun to end the week with successive days of stocks selling off. There really has been nowhere to hide in this market … stocks across the board are down including our dividend players.    Best thing to do now is have patience. At some […]

Triple Play Income Alert: IBM, PM, SO

The S&P 500 continues to hover and hold at the 3900 level. After a couple of down days, most of our stocks are up today. We remain cautious in this current market environment, but “market up” days gives us a chance to manage a couple of our current positions.   TRADE ROLL   IBM (IBM):  […]

Triple Play Income Trade Alert: DOW, PM, SO

Here are the last few of our positions we need to manage before the weekend.   Dow Inc. (DOW):  54.71   I thought today’s market sell-off might help us roll our DOW 26 Aug 54 call out and up for a good credit but far enough away from the current stock price to avoid assignment […]

Triple Play Income Trade Alert: IBM, PM, SO

The market is holding and adding to the gains from yesterday which has challenged several of our positions expiring this week. And we need to add one new trade on an existing position we were called out of last week.   COVERED CALL   IBM (IBM):  132.82   IBM stock price has finally moved higher […]