COST +123 Income Trade 4-26-18

4/26:  COST – Consider shorting May (5/4) $190/182.5 bull put credit spread (8 DTE) for a limit of $.58/share (currently $.62/share). Bullish +123 if closed here after Pro Gap Breakout and pull back daily.  Stop $190.98.    ...

Income Trade After Pro Gap Breakout 4-23-18

4/23:  UNH – Over prior day’s high ($236.22 now), consider shorting Apr (4/27) $230/225 bull put credit spread (4 DTE) for a limit of $.45/share (currently $.55/share).  Controlled pullback after Pro Gap Breakout daily.  Stop: None for now since short put is gap fill...

New Income Trade Ideas 4-23-18

The intermediate- to long-term view on equities is that this choppy, schizophrenic market will eventually resolve itself to the upside. Reported earnings are going to pick up considerably this week with names like Google, Amazon, Intel, Starbucks, Ameritrade, Boeing...