Rolling our VALE puts to a lower strike price and new expiration date.
Selling BABA puts for income.
We are withdrawing $5k of profits to rebalance the speculative trading model.
Rolling our CVX call contracts to a higher strike price and June expiration date.
Selling BTU puts for income.
Closing our OPEN puts to lock in profits and free up capital for new plays.
Buying AXP call contracts.
We are adding $5,000 to rebalance the speculative trading model.
Buying STZ call contracts.
Good stocks fall when investors need cash (and have no options left). That’s good news and points to a rebound in sight!