Triple Play Income Alert: ABBV, CAH, KHC, WMB

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: ABBV, VALE, WMB

We have 3 positions with calls expiring this Friday (23 Dec) that we can roll today ahead of the holidays.   TRADE ROLL   AbbVie (ABBV):  161.72   AbbVie stock price has retreated recently and goes ex-dividend on 1/12 paying 1.46 per share … we don’t want to miss that.    But we are going […]

Triple Play Income Alert: WMB Call

One more Triple Play Income position to manage today.   COVERED CALL   Williams Companies (WMB):  33.58   Williams goes ex-dividend tomorrow paying us a 0.425 dividend in several weeks. The stock will trade lower tomorrow because of the ex-dividend. At the current price we can sell a 34 call two weeks out and at […]

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: Roll RIO, WMB

TRADE ROLL   Rio Tinto (RIO):  64.13   We have a 17 Nov 60 call expiring tomorrow that we will need to roll. The RIO stock price is down about 2.5% today giving us a chance to roll out our calls another month.   ACTION:  Roll RIO 17 Nov 60 call to the Rio 16 […]

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: BX, DOW, WMB, VALE

Ok. Let’s get back into managing several of our positions today as well as adding a new covered call to Blackstone (BX).   COVERED CALL   Blackstone (BX):  92.76   Blackstone stock has traded higher after an earnings report that beat consensus estimates but was well down from a year ago. The company continues to […]

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 Alert: CWH, WMB

With the market up a fourth straight day we can sell covered calls on two of our uncovered positions today.   COVERED CALL   Camping World Holdings (CWH): 31.88   Camping World goes ex-dividend tomorrow for 0.625. We acquired the stock at $32 and we can sell a covered call today at 33 for a […]

Triple Play Income Trade Alert: New Position WMB

It’s hard to ignore what is happening in the energy market through this summer. Oil and gas prices have been rising since late last fall and prices are expected to go higher this winter. We’ve benefited in Triple Play Income from our natural gas producer ONEOK (OKE), where the company pays a hefty 6% annual […]