{"id":12828664,"date":"2025-07-01T07:56:15","date_gmt":"2025-07-01T11:56:15","guid":{"rendered":"https:\/\/www.philstockworld.com\/?p=12828664"},"modified":"2025-07-07T10:57:02","modified_gmt":"2025-07-07T14:57:02","slug":"philstockworld-top-trade-review-first-half-of-2025","status":"publish","type":"post","link":"https:\/\/www.philstockworld.com\/2025\/07\/01\/philstockworld-top-trade-review-first-half-of-2025\/","title":{"rendered":"PhilStockWorld Top Trade Review \u2013 First Half of 2025"},"content":{"rendered":"<p><img decoding=\"async\" class=\"alignright\" src=\"https:\/\/d3mjb9ojo74ap1.cloudfront.net\/wp-content\/uploads\/2022\/07\/toptradereviews1.webp\" alt=\"Top Trades\" \/><strong>Now we&#8217;re on schedule!<\/strong>\u00a0\u00a0<\/p>\n<p><strong>Our last Top Trade Review was for the 2nd half of 2024 <a href=\"https:\/\/www.philstockworld.com\/2025\/01\/12\/philstockworld-top-trade-review-second-half-of-2024\/\" target=\"_blank\" rel=\"noopener\">and we did that on Jan 12th<\/a> as we closed out 2024 with 36 winners <\/strong>(76%)<strong> and 16 losers for a net gain of $165,421 on the year and, of course, Jan 12th is an arbitrary date given what are usually 2-year trade ideas and, with 36 trade ideas already on track &#8211; we are well on our way to collecting a good portion of the remaining $284,455 in upside potential that remained.\u00a0\u00a0<\/strong><\/p>\n<p>But now, we have a whole new block of trades to check up on:<\/p>\n<p>Top Trade Alerts are a special Membership at PhilStockWorld.com \u2013\u00a0<strong><a href=\"https:\/\/www.philstockworld.com\/amember\/signup\" target=\"_blank\" rel=\"noopener\">you can Sign Up Here<\/a><\/strong> or join as a Trend Watcher Member, where you will also have access to our Live Daily Chat room or you can join with our Basic or Premium Memberships \u2013 where you\u2019ll be able to become part of the conversation and take full advantage of all we can do for you!<\/p>\n<p>Top Trade Alerts are the Trade Ideas we feel have the highest probability of being successful each month. Sometimes there are a few, sometimes there are none \u2013 the most important thing is picking the RIGHT trades \u2013 not the \u201c<em>right now<\/em>\u201d trades, which is a trap most stock pickers fall into.\u00a0 Here&#8217;s how our 2025 trade ideas are performing so far:\u00a0\u00a0<\/p>\n<p><strong><a title=\"PhilStockWorld Top Trade Alert \u2013 Jan 2nd 2025 \u2013 Johnson and Johnson (JNJ)\" href=\"https:\/\/www.philstockworld.com\/2025\/01\/02\/philstockworld-top-trade-alert-jan-2nd-2025-johnson-and-johnson-jnj\/\" rel=\"bookmark\">Jan 2nd 2025 \u2013 Johnson and Johnson (JNJ)<\/a><\/strong>:<\/p>\n<p style=\"padding-left: 40px;\"><strong>Debt is only $6Bn so yes, great time to get in and, for the Butterfly Portfolio, we should:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 10 JNJ 2027 $140 puts for $12 ($12,000)<\/strong><\/li>\n<li><strong>Buy 20 JNJ 2027 $130 calls for $25.40 ($50,800)<\/strong><\/li>\n<li><strong>Sell 17 JNJ 2027 $150 calls for $14.25 ($24,225)<\/strong><\/li>\n<li><strong>Sell 5 JNJ April $145 calls for $6.10 ($3,050)<\/strong><\/li>\n<li><strong>Sell 5 JNJ April $145 puts for $6 ($3,000)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $8,525 on the $40,000 spread that\u2019s $30,000 in the money to start with $31,475 (369%) upside potential. We\u2019re using 105 of our 743 days so a good 6 x $6,000 more sales ahead of us gives us another potential $36,000 (422%) if all goes well (but when does it?).<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s the beauty of the Butterfly plays \u2013 they can make more money selling short-term puts and calls than the spread\u2019s potential and you can\u2019t lose on both sides. Since we don\u2019t think JNJ will fly up on us AND we think this is a good bottom \u2013 there isn\u2019t a lot of risk to our 2 uncovered calls.<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/062925\/JNJd153735939i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>A bumpy ride to say the least but JNJ was at $157.47 on April 17th, so we had to pay $12.47 ($6,235) to the short caller against the $6,050 we collected &#8211; so a loss of $185 raised our net to $8,710 (it doesn&#8217;t work every time). It would be doing well if you rolled them to July &#8211; that&#8217;s the advantage of being a Chat Room Member &#8211; you get the adjustments too!\u00a0\u00a0<\/p>\n<p>Even so, the 2027 $140 puts are now $9.25 ($9,250) and the $130\/150 bull call spread is net $29.80 ($59,600)\/16.70 ($28,390) is net net $21,600 and <strong><span style=\"color: #339966;\">up $13,200 (150%)<\/span><\/strong> in just 6 months &#8211; off to a very good start with <strong><span style=\"color: #339966;\">$18,400 (85.2%) left to gain<\/span><\/strong> and we&#8217;re already over our target!\u00a0\u00a0<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>And, <strong><span style=\"color: #0000ff;\">officially now, we can sell 5 JNJ Oct $150 calls for $8.25 ($4,125) and 5 JNJ Oct $155 puts for $7 ($3,500)<\/span><\/strong> and we&#8217;ll see how that sale plays out.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p><a title=\"PhilStockWorld Top Trade Alert \u2013 Jan 10 2025 \u2013 First Trust Natural Gas (FCG)\" href=\"https:\/\/www.philstockworld.com\/2025\/01\/10\/philstockworld-top-trade-alert-jan-10-2025-first-trust-natural-gas-fcg-2\/\" rel=\"bookmark\"><strong>Jan 10 2025 \u2013 First Trust Natural Gas (FCG)<\/strong><\/a>:<\/p>\n<p style=\"padding-left: 40px;\"><strong>Now, you know me, I\u2019m not picking any uncovered calls but here\u2019s a play for the STP (as they only have options through June, unfortunately):<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 5 KMI 2027 $25 puts for $2.25 ($1,125)<\/strong><\/li>\n<li><strong>Buy 15 FCG June $22 calls for $5 ($7,500)<\/strong><\/li>\n<li><strong>Sell 10 FCG March $25 calls for $1.85 ($1,850)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $4,525 on the net $7,500+ spread AND we can roll the short March calls to higher strikes (the June $27 calls are $1.75) if things go well AND we have 5 uncovered longs. This way, even if FCG stays flat, we still make $2,975 (65\/7%) if we\u2019re over $25 in March and our worst-case downside is owning KMI at $25 (now $28.23) so a 10%% discount there on 500 shares is not a bad worst-case!<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/062925\/FCGd155386070i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/062925\/KMId155318802i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>FCG finished March 21st at $25.14, so we had to pay back 0.14 ($140) to the short caller, but the June $27 calls ended worthless for a $1,750 gain, lowering our net to $2,915. June 20th, the stock closed at $24.93 &#8211; so we collected $2.93 ($4,395) from the June $22 calls and the short KMI 2027 $25 puts are $1.80 ($900) so net $3,495 is <strong><span style=\"color: #339966;\">a gain of $580 (19.8%)<\/span><\/strong> with <strong><span style=\"color: #339966;\">another $900 (100% of the remaining commitment) left to gain on the short puts<\/span><\/strong>.\u00a0\u00a0<\/p>\n<p><strong><a title=\"PhilStockWorld Top Trade Alert \u2013 Jan 15, 2025 \u2013 Bank OZK (OZK)\" href=\"https:\/\/www.philstockworld.com\/2025\/01\/15\/philstockworld-top-trade-alert-jan-15-2025-bank-ozk-ozk\/\" rel=\"bookmark\">Jan 15, 2025 \u2013 Bank OZK (OZK)<\/a>:<\/strong>\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><strong>OZK is a nice regional bank at $45, which is $5Bn and they are making $660M so 7.5x is very nice with nice growth too. Also, very interesting for a bank is $1.6Bn in CASH!!! net of debt \u2013 that\u2019s crazy! This one should go into the LTP as follows:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 10 OZK 2027 $45 puts for $7.50 ($7,500)<\/strong><\/li>\n<li><strong>Buy 20 OZK 2027 $35 calls for $13.75 ($27,500)<\/strong><\/li>\n<li><strong>Sell 17 OZK 2027 $50 calls for $6 ($10,200)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $9,800 on the $30,000+ spread that\u2019s $20,000 in the money to start with a high-enough degree of confidence that I\u2019ll make this a Top Trade Alert. Upside potential is $20,200+ (206%) and we\u2019ll start selling 5 short calls at about $50. At the moment, the April $45 calls are $3.25 so 5 short would fetch $1,625 (16.5%) for the quarter so, if we can sell the $50s for that price \u2013 that\u2019s a no-brainer.\u00a0<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/062925\/OZKd160212829i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>We took a long trip to nowhere so far but time is our friend when we sell options to others and the $45 puts are now $6.20 ($6,200) and the $35 calls are $14 ($28,000) and the $50 calls are $5.60 ($9,520) so that&#8217;s net $12,280, which is <strong><span style=\"color: #339966;\">up $2,480 (25.3%)<\/span><\/strong> with <strong><span style=\"color: #339966;\">$17,720 (144%) upside potential at just $50 in 18 months<\/span><\/strong>.\u00a0\u00a0<\/p>\n<p><strong><a title=\"PSW Top Trade Alert \u2013 Jan 22 2025 \u2013 Nucor Corp (NUE)\" href=\"https:\/\/www.philstockworld.com\/2025\/01\/22\/psw-top-trade-alert-jan-22-2025-nucor-corp-nue\/\" rel=\"bookmark\">Jan 22 2025 \u2013 Nucor Corp (NUE)<\/a>:<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>As I said in the webinar, I don\u2019t mind our worst-case for the LTP of owning 500 shares at $110 (but we\u2019d roll anyway) and happy to DD if they get cheaper. So, for the LTP, let\u2019s:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 5 NUE 2027 $110 puts for $15 ($7,500)<\/strong><\/li>\n<li><strong>Buy 10 NUE 2027 $100 calls for $38.50 ($38,500)<\/strong><\/li>\n<li><strong>Sell 10 NUE 2027 $130 calls for $23.25 ($23,500)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $7,500 on the $30,000 spread with\u00a0$22,500 (300%) upside potential at $130. This is just a starter position for the LTP and, if they go lower, we\u2019ll roll down and sell more puts and, if they go higher, we\u2019ll sell some short calls and buy more longs \u2013 many ways to win\u2026<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/062925\/NUEd160854678i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>I think they are going to pop on Q2 earnings so look alive on this one!\u00a0 As it stands, the 2027 $110 puts are $11.50 ($5,750) and the $100 ($42.75)\/130 ($26) bull call spread is $16.75 ($16,750) and that&#8217;s net $11,000 for <strong><span style=\"color: #339966;\">a gain of $3,500 (46.6%) so far<\/span><\/strong> and <strong><span style=\"color: #339966;\">$19,000 (172%) left to gain<\/span><\/strong> &#8211; which is almost 10% a month &#8211; NICE!\u00a0<\/p>\n<p><strong><a title=\"PSW Top Trade Alert \u2013 Jan 22 2025 \u2013 Comcast Corp (CMCSA)\" href=\"https:\/\/www.philstockworld.com\/2025\/01\/22\/psw-top-trade-alert-jan-22-2025-comcast-corp-cmcsa\/\" rel=\"bookmark\">Jan 22 2025 \u2013 Comcast Corp (CMCSA)<\/a>:<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>In the Webinar, we settled on:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 20 CMCSA 2027 $35 puts for $4 ($8,000)<\/strong><\/li>\n<li><strong>Buy 40 CMCSA 2027 $30 calls for $9.85 ($39,400)<\/strong><\/li>\n<li><strong>Sell 40 CMCSA 2027 $42.50 calls for $4 ($16,000)<\/strong><\/li>\n<li><strong>Sell 10 CMCSA April $37.50 calls for $1.55 ($1,550)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $13,850 on the $50,000 spread with\u00a0$36,150 (261%) upside potential\u00a0and a good $10,000 (72%) in additional short call sales \u2013 which makes me very happy!<\/strong><\/p>\n<p><strong><a title=\"PSW Top Trade ADJUSTMENT \u2013 Feb 4 2025 \u2013 Comcast Corp (CMCSA)\" href=\"https:\/\/www.philstockworld.com\/2025\/02\/04\/psw-top-trade-adjustment-feb-4-2025-comcast-corp-cmcsa\/\" rel=\"bookmark\">PSW Top Trade ADJUSTMENT \u2013 Feb 4 2025 \u2013 Comcast Corp (CMCSA)<\/a>:<\/strong><\/p>\n<p style=\"padding-left: 40px;\">We were playing for them to finish lower in April and those calls will go worthless and the $35 puts are $5.50 ($11,000) and the $30 ($7)\/42.50 ($2.35) bull call spread is net $4.65 ($18,600) so net $7,700 is down $6,150 less whatever we make on the short $37.50 calls \u2013 not tragic but not a good start.<\/p>\n<p style=\"padding-left: 40px;\">When this happens, we have to decide how bouncy it will be and I think not very until earnings look better so\u00a0<strong>we can buy back the April $37.50 calls for 0.27 ($270) and sell 20 June $35 calls for $1.55 ($3,100).\u00a0<\/strong>The 2027 $25 calls are $10 and we\u2019re not going to spend $3 to roll down $5 so instead\u00a0<strong>we\u2019ll roll the short 2027 $42.50 calls at $2.35 ($9,400) to 20 short 2026 $35 puts ($4.10) and calls ($2.95) for net $14,100<\/strong>.<\/p>\n<p style=\"padding-left: 40px;\">That is net $7,530 in our pocket so now we are in the spread for net net $6,320 and we have SALVAGED another spread \u2013\u00a0<a href=\"https:\/\/www.google.com\/search?q=hallelujah+roaches&amp;sca_esv=b71b87a039ad9bf1&amp;sxsrf=AHTn8zpyJTIHV888xQ_ss6BAKeUYPXc2PQ%3A1738699136281&amp;ei=gHGiZ_LuEO6BkvQP4_D2wQI&amp;oq=hallelujah+roaches&amp;gs_lp=Egxnd3Mtd2l6LXNlcnAiEmhhbGxlbHVqYWggcm9hY2hlcyoCCAAyBRAhGJ8FSIB3UNdLWLdrcAN4AZABAJgBxQGgAd0GqgEDNS4zuAEDyAEA-AEBmAILoAL7BsICChAAGLADGNYEGEfCAg0QABiABBiwAxhDGIoFwgIOEAAYsAMY5AIY1gTYAQHCAhMQLhiABBiwAxhDGMgDGIoF2AEBwgIWEC4YgAQYsAMYQxjUAhjIAxiKBdgBAcICCBAAGIAEGLEDwgILEC4YgAQYsQMY1ALCAggQLhiABBixA8ICBRAuGIAEwgILEAAYgAQYkQIYigXCAgoQLhiABBgUGIcCwgIFEAAYgATCAgYQABgWGB7CAgsQABiABBiGAxiKBcICBRAhGKABmAMAiAYBkAYTugYGCAEQARgJkgcFOC4yLjGgB6w3&amp;sclient=gws-wiz-serp#fpstate=ive&amp;vld=cid:e90824aa,vid:Bs9ruOeeGdM,st:0\" target=\"_blank\" rel=\"noopener\">hallelujah<\/a>!!!<\/p>\n<p>\u00a0 <img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/062925\/CMCSAd161391119i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p style=\"padding-left: 40px;\">They took a huge dive off earnings right after we made the call but earnings were not bad and we made some adjustments. We spent $270 buying back the short calls and sold 20 June $35 calls that just expired worthless for a $3,100 gain. We picked up $4,760 rolling the short $42.50s and now we have:\u00a0\u00a0<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>20 CMSCA 2027 $35 puts at $3.25 ($6,500)<\/li>\n<li>40 CMCSA 2027 $30 calls at $7.40 ($29,600)\u00a0<\/li>\n<li>20 CMCSA short Jan $35 puts at $2.35 ($4,700)\u00a0<\/li>\n<li>20 CMCSA Jan short $35 calls at $3.70 ($7,400)\u00a0<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\">That&#8217;s net $11,000 so we&#8217;re <strong><span style=\"color: #339966;\">up $4,680 (74%)<\/span><\/strong> after our adjustments DESPITE getting burned right after we placed the trade. Our target is $40, which would be $40,000 and that gives us <strong><span style=\"color: #339966;\">$29,000 (263%) upside potential<\/span><\/strong> from here but we can also sell more puts and calls next year!\u00a0<\/p>\n<p><strong><span style=\"color: #0000ff;\">These are the kind of trade management techniques we teach our Members in the Live Chat Room <\/span><\/strong><span style=\"color: #0000ff;\">(in the comment section under each day&#8217;s post)<\/span><strong><span style=\"color: #0000ff;\">. That is available to our Trend Watcher, Basic and Premium Members &#8211;<\/span> <span style=\"font-size: 16px;\"><a href=\"https:\/\/www.philstockworld.com\/amember\/signup\" target=\"_blank\" rel=\"noopener\">you can sign up here<\/a><\/span><span style=\"color: #0000ff;\">!<\/span><\/strong><\/p>\n<p><strong><a title=\"PSW Top Trade Alert \u2013 Jan 23 2025 \u2013 AT&amp;T (T) and Kraft Heinz (KHC)\" href=\"https:\/\/www.philstockworld.com\/2025\/01\/23\/psw-top-trade-alert-jan-23-2025-att-t-and-kraft-heinz-khc\/\" rel=\"bookmark\">Jan 23 2025 \u2013 AT&amp;T (T) and Kraft Heinz (KHC)<\/a>:\u00a0<\/strong>\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><strong>T is $22.58 \u2013 still relatively cheap but not a no-brainer. They pay a $1.21 dividend (4.93%) and you can do the following fairly conservative play:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Buy 10,000 shares of T for $22.58 ($225,800)<\/strong><\/li>\n<li><strong>Sell 100 2027 $20 calls for $4.25 ($42,500)<\/strong><\/li>\n<li><strong>Sell 100 2027 $20 puts for $1.80 ($18,000)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $165,000 on the $200,000 spread so you make $35,000 (21.2%) at $20 AND collect $12,100 (7.3%) per year in dividends as well so 17.9% per year vs 4.25% seems worth the risk of owning 20,000 shares of T at net $18.25.<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/062925\/Td162042753i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>T is at $28.08 so $280,800 and the 2027 $20 calls are $8.60 ($86,000) and the 2027 $20 puts are 0.93 ($9,300) but we also collected a $2,780 dividend on April 10th so net $188,280 is <strong><span style=\"color: #339966;\">up $23,280 (14.1%)<\/span><\/strong> so far with (including 6 dividends) <strong><span style=\"color: #339966;\">$28,400 (15%) left to gain <\/span><\/strong>&#8211; and all it has to do is not fail $20&#8230; Not bad for a &#8220;boring&#8221; trade!<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 100 KHC 2027 $27.50 puts for $3.20 ($32,000)<\/strong><\/li>\n<li><strong>Buy 200 KHC 2027 $22.50 calls at $7.30 ($146,000)<\/strong><\/li>\n<li><strong>Sell 175 KHC 2027 $27.50 calls for $4.10 ($71,750)<\/strong><\/li>\n<li><strong>Sell 40 KHC April $30 calls for 0.85 ($3,400)<\/strong><\/li>\n<li><strong>Sell 20 KHC April $27.50 puts for 0.70 ($1,400)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $37,450 on the $100,000 spread with $62,550 (167%) upside potential at $27.50 PLUS you have 7 more chances to sell $4,800 in premium ($33,600) so that\u2019s almost $100,000 potential on the spread vs the original $18,402 (but it\u2019s 2 years vs 1 year) and the worst-case is owning 10,000 shares ($275,000).<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/062925\/KHCd162965761i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>KHC has gotten cheaper still.\u00a0 In April, the stock closed at $29.46 on the 17th and, fortunately, the short puts and calls both expired worthless for a gain of $4,800. What remains is the short 2027 $27.50 puts at $4.35 ($43,500) and the 2027 $22.50 calls at $4.55 ($91,000) and the short 2027 $27.50 calls at $2.15 ($37,625).\u00a0 That&#8217;s net net $9,875 for <strong><span style=\"color: #ff0000;\">a loss of $27,575 (73.6%)<\/span><\/strong> and it&#8217;s too low to sell short calls so I&#8217;d wait for earnings but we&#8217;ll add this one (or close to it) to the LTP as net $9,875 on what is still a $100,000 spread has <strong><span style=\"color: #339966;\">$91,125 (922%) upside potential!<\/span><\/strong>\u00a0\u00a0<\/p>\n<p><a title=\"PSW Top Trade Alert \u2013 Jan 24 2025 \u2013 Verizon (VZ)\" href=\"https:\/\/www.philstockworld.com\/2025\/01\/24\/psw-top-trade-alert-jan-24-2025-verizon-vz\/\" rel=\"bookmark\"><strong>Jan 24 2025 \u2013 Verizon (VZ)<\/strong><\/a><strong>:\u00a0<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>And we are at the end of the 5G spending cycle, as a new trade I like for the Butterfly Portfolio :<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 30 VZ 2027 $40 puts for $5.15 ($15,450)<\/strong><\/li>\n<li><strong>Buy 50 VZ 2027 $35 calls for $6.30 ($31,500)<\/strong><\/li>\n<li><strong>Sell 40 VZ 2027 $45 calls for $2 ($8,000)<\/strong><\/li>\n<li><strong>Sell 20 VZ April $40 calls for $1.30 ($2,600)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>The net of the 2027s is $8,050 and we\u2019re using 83 of our 721 days to collect $2,600 (32.3%) and we have a good 8 more times to collect $20,000 more (258%) and the upside potential on the $50,000+ bull spread is $41,950 (521%) and we\u2019re starting out almost $25,000 in the money \u2013 sounds great to me!<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/062925\/VZd164076001i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>Unfortunately, the April $40 calls expired at $4.04 ($4,040) so we lost $1,440, which raises our basis to $9,490 and I wouldn&#8217;t be inclined to sell more calls now &#8211; as they are low in the channel. The 2027 $40 puts are now $4.15 ($12,450) and the $35 calls are $8 ($40,000) and the $45 calls are $2.50 ($10,000) for net net $17,550, which is still <strong><span style=\"color: #339966;\">a nice gain of $8,060 (84.9%)<\/span><\/strong> with <strong><span style=\"color: #339966;\">$32,450 (184%) left to gain at $45<\/span><\/strong> &#8211; plus more short-selling, I&#8217;m sure&#8230;<\/p>\n<p><strong><a title=\"PhilStockWorld Top Trade Alert \u2013 Jan 30 2025 \u2013 Western Alliance Bancorp (WAL)\" href=\"https:\/\/www.philstockworld.com\/2025\/01\/30\/philstockworld-top-trade-alert-jan-30-2025-western-alliance-bancorp-wal\/\" rel=\"bookmark\">Jan 30 2025 \u2013 Western Alliance Bancorp (WAL)<\/a>:\u00a0 \u00a0<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>We need more financials in the LTP so let\u2019s add WAL as follows (they pay a nice 2.72% dividend but not enough to make us want to own the stock):<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 10 WAL 2027 $100 puts for $22 ($22,000)<\/strong><\/li>\n<li><strong>Buy 25 WAL 2027 $80 calls for $25 ($62,500)<\/strong><\/li>\n<li><strong>Sell 25 WAL 2027 $110 calls for $13.75 ($34,375)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $6,125 on the $75,000 spread that\u2019s $27,900 in the money to start. The upside potential at $110 is $68,875 (1,124%) and, when they get to $100, we can start selling 5-10 short calls each quarter. At the moment, the June 100s are $5 using 141 of our 715 days \u2013 4 sales like that is an extra $10,000 but we can do better if we wait \u2013 so we will.<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/062925\/WALd164853029i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>They did not make $100 and the 2027 $100 puts are now $27.50 ($27,500) and the $80 calls are $14.75 ($36,875) and the $110s are $5 ($12,500) for net -$3,125 so we&#8217;re <span style=\"color: #ff0000;\"><strong>down $9,250 (151%)<\/strong><\/span>. To stick with this one, <strong><span style=\"color: #0000ff;\">the 2027 $80 calls ($14.75) should be rolled down to the 2027 $65 calls at $22.75 for net $8 ($20,000) and then we can sell 10 Sept $80 calls for $4.50 ($4,500) to begin paying for it<\/span><\/strong>.\u00a0 So let&#8217;s say now that $95 is our goal, that would be $75,000 on the $65s and we&#8217;ll roll the short puts and our new basis is $21,625 so the <strong><span style=\"color: #339966;\">upside potential is $53,375 (246%)<\/span><\/strong> &#8211; still not bad!\u00a0\u00a0<\/p>\n<p><strong><a title=\"PhilStockWorld Top Trade Alert \u2013 Feb 6 2025 \u2013 PepsiCo (PEP)\" href=\"https:\/\/www.philstockworld.com\/2025\/02\/06\/philstockworld-top-trade-alert-feb-6-2025-pepsico-pep\/\" rel=\"bookmark\">Feb 6 2025 \u2013 PepsiCo (PEP)<\/a>:<\/strong>\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><strong>See, as I expected, a narrow channel from $155 to $195 and I don\u2019t really see the bull case so I think $175 is fair and a nice, slow rise is exactly what we like to see for a Butterfly Play. So let\u2019s add the following:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 10 PEP 2027 $150 puts for $17 ($17,000)<\/strong><\/li>\n<li><strong>Buy 25 PEP 2027 $140 calls for $18.25 ($45,625)<\/strong><\/li>\n<li><strong>Sell 20 PEP 2027 $165 calls for $8 ($16,000)<\/strong><\/li>\n<li><strong>Sell 7 PEP June $145 calls for $6.70 ($4,690)<\/strong><\/li>\n<li><strong>Sell 10 PEP June $145 puts for $6.70 ($6,700)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That is just net $1,235 out of pocket on the $62,500 spread with an upside potential of $61,265 (4,960%) AND we have 7 more quarters to sell $10,000 worth of puts and calls ($70,000) but, of course, they can\u2019t always work out on both sides (but they can\u2019t lose on both sides either!).<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/063025\/PEPd055901158i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>This did not go as hoped!\u00a0 Another one that now belongs in the LTP, though. At $131.04, the 2027 $150 puts have jumped to $26 ($26,000) and the $140 calls are $11.35 ($28,375) and the $165 calls are $4.50 ($9,000) and PEP expired at $129.07 on the 20th so that was $0 for the calls (up $4,690) but $15.93 for the puts ($15,930).\u00a0 Overall, we&#8217;re at net -$17,865 (-1,446%) with <strong><span style=\"color: #ff0000;\">a loss of $19,100 (1,546%)<\/span><\/strong> &#8211; he who lives by the leverage dies by the leverage&#8230;\u00a0\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #0000ff;\"><strong>Fortunately, we&#8217;re still about where we expired so let&#8217;s do the following:\u00a0<\/strong><\/span><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><span style=\"color: #0000ff;\"><strong>Roll the 10 2027 $150 puts ($26,000) to 20 of the 2027 $140 puts at $20 ($40,000).<\/strong><\/span><\/li>\n<li><span style=\"color: #0000ff;\"><strong>Roll the 25 2027 $140 calls ($28,375) to 25 2027 $120 calls at $20.50 ($51,250)<\/strong><\/span><\/li>\n<li><span style=\"color: #0000ff;\"><strong>Sell 10 Oct $135 calls for $5.65 ($5,650)\u00a0<\/strong><\/span><\/li>\n<li><span style=\"color: #0000ff;\"><strong>Sell 10 Oct $130 puts for $6.50 ($6,500)\u00a0<\/strong><\/span><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><span style=\"color: #0000ff;\"><strong>That&#8217;s a net $3,275 credit so now we&#8217;re in for net $14,590 and $155 is a fair 2027 target and that would be +$35 ($87,500) so our <span style=\"color: #339966;\">upside potential is $72,910 (499%)<\/span> and that is why we call it a SALVAGE PLAY!\u00a0\u00a0<\/strong><\/span><\/p>\n<p><strong><a title=\"PhilStockWorld Top Trade Alert \u2013 Feb 6 2025 \u2013 United Parcel Service (UPS)\" href=\"https:\/\/www.philstockworld.com\/2025\/02\/06\/philstockworld-top-trade-alert-feb-6-2025-united-parcel-service-ups\/\" rel=\"bookmark\">Feb 6 2025 \u2013 United Parcel Service (UPS)<\/a>:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 30 short UPS 2027 $130 puts at $28.50 ($85,500)<\/strong><\/li>\n<li><strong>Buy 50 UPS 2027 $100 calls at $21.75 ($108,750)<\/strong><\/li>\n<li><strong>Sell 40 UPS 2027 $130 calls for $9.60 ($38,400)<\/strong><\/li>\n<li><strong>Sell 15 UPS May $115 puts for $7.75 ($11,625)<\/strong><\/li>\n<li><strong>Sell 15 UPS May $120 calls for $3.70 ($5,550)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>As a new spread, this is a net $32,325 credit with the short puts so, as a new spread, there\u2019s no reason to be so aggressive. Selling just 15 2027 $130 puts would put you in a new $150,000 spread for $10,425 \u2013 so there\u2019s no need to be greedy. But we are salvaging our loss, which was $34,750 so now we\u2019re in this new spread for net net $2,425 but quite the risk if UPS goes lower from here \u2013 so we\u2019ll keep a close eye on it.<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/063025\/UPSd062011642i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>This is going to be ugly but I love this trade: The 2027 $130 puts are $34 ($102,000) and the $100 calls are $13.65 ($68,250). The short $130 calls are $4.60 ($18,400) and UPS was at $101.32 on May 16th, so the short calls went worthless for an $11,625 gain but the short puts were $18.68 ($28,020) for a $22,470 loss.\u00a0 That drives our basis down to a $21,840 CREDIT, and our net is now -$52,150 which is <strong><span style=\"color: #ff0000;\">a $30,310 (138%) loss<\/span><\/strong> but I&#8217;m happy with this trade and the target so no changes here &#8211; it just needs more time.\u00a0 Upside potential at $120 is $50,000 and that would be <strong><span style=\"color: #339966;\">a potential gain of $102,150 from here<\/span><\/strong> (assuming we roll out the puts).\u00a0\u00a0<\/p>\n<p><strong><a title=\"PhilStockWorld Top Trade Alert \u2013 Feb 11, 2025 \u2013 ON Semiconductor (ON)\" href=\"https:\/\/www.philstockworld.com\/2025\/02\/11\/philstockworld-top-trade-alert-feb-11-2025-on-semiconductor-on\/\" rel=\"bookmark\">Feb 11, 2025 \u2013 ON Semiconductor (ON)<\/a>:<\/strong>\u00a0\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><strong>For the LTP, let\u2019s:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 10 ON 2027 $50 puts for $10.75 ($10,750)<\/strong><\/li>\n<li><strong>Buy 25 ON 2027 $45 calls for $14.25 ($35,625)<\/strong><\/li>\n<li><strong>Sell 20 ON 2027 $70 calls for $6 ($12,000)<\/strong><\/li>\n<li><strong>Sell 7 ON June $50 calls for $5 ($3,500)<\/strong><\/li>\n<li><strong>Sell 5 ON June $50 puts for $6 ($3,000)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $6,375 on the $62,50 spread with $56,125 (880%) upside potential. We\u2019ll just roll the losing side of the short puts or calls and then sell more until we land in the middle one day. This is a small commitment (buy 1,000 shares) for the LTP as an initial entry.<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/063025\/ONd063187000i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>The June calls expired at $52.82 so $2.82 ($1,974) paid to the short calls and the puts expired worthless, giving us a $3,000 profit for a total of $4,526 over 4 months &#8211; not bad! The $50 puts are $9.35 ($9,350), the $45 calls are $18.25 ($45,625) and the short $70 calls are $8.40 ($16,800) for net $19,475 which is <strong><span style=\"color: #339966;\">up $17,626 (953%)<\/span><\/strong> against our $1,849 adjusted basis.\u00a0 <strong><span style=\"color: #0000ff;\">Now it gets fun as we can sell 8 Oct $50 calls for $7.85 ($6,280) and 6 Oct $48 puts for $3.25 ($1,950)<\/span><\/strong> so we&#8217;re collecting $8,230 (445%) over 109 days while we wait for our $62,500 spread to mature so that&#8217;s <strong><span style=\"color: #339966;\">$43,025 (220%) upside potential PLUS all these wonderful short sales for additional income!<\/span><\/strong>\u00a0<\/p>\n<p><strong><a title=\"PhilStockWorld Top Trade Alert \u2013 Feb 13 2025 \u2013 Intel (INTC)\" href=\"https:\/\/www.philstockworld.com\/2025\/02\/13\/philstockworld-top-trade-alert-feb-13-2025-intel-intc\/\" rel=\"bookmark\">Feb 13 2025 \u2013 Intel (INTC)<\/a>:\u00a0<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>We have lots of INTC already in our PSW Member Portfolios but now that they are done feeling sorry for themselves, as a new trade:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 10 INTC 2027 $22 puts for $3.85 ($3,850)<\/strong><\/li>\n<li><strong>Buy 25 INTC 2027 $20 calls for $8.10 ($20,250)<\/strong><\/li>\n<li><strong>Sell 20 INTC 2027 $32 calls for $4.40 ($8,800)<\/strong><\/li>\n<li><strong>Sell 7 INTC April $25 calls for $2.10 ($1,470)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $6,130 on the $30,000 spread that\u2019s $10,825 in the money to start so there\u2019s $23,870 (389%) of upside potential PLUS you have 7 quarters to sell $1,470 ($10,290) for another 167% potential and you can add to that with put sales \u2013 if it ever takes a dip.<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/063025\/INTCd064274992i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>April calls expired worthless for a $1,470 gain, reducing our basis to $4,660. The $22 puts are $4.10 ($4,100), the $20 calls are $7 ($17,500) and the $32 calls are $2.80 ($5,600) for net $7,800, <strong><span style=\"color: #339966;\">a slight gain of $1,670 (35.8%)<\/span><\/strong> but, more importantly &#8211; we&#8217;re on track. <strong><span style=\"color: #0000ff;\">Meanwhile, we can sell 7 Oct $24 calls for $1.95 ($1,365) to keep whittling away at our cost basis<\/span><\/strong>. <strong><span style=\"color: #339966;\">Upside potential remains ($30,000 + $1,365 &#8211; $4,660 =) $26,705 (573%).<\/span><\/strong><\/p>\n<p><a title=\"PhilStockWorld Top Trade Alert \u2013 Feb 14 2025 \u2013 AES Corp (AES)\" href=\"https:\/\/www.philstockworld.com\/2025\/02\/14\/philstockworld-top-trade-alert-feb-14-2025-aes-corp-aes\/\" rel=\"bookmark\"><strong>Feb 14 2025 \u2013 AES Corp (AES)<\/strong><\/a><strong>:\u00a0<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>Since they do pay a fat, 6.84% dividend (0.69), let\u2019s add them to the Income Portfolio with:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Buy 2,500 shares of AES at $10.03 ($25,075)<\/strong><\/li>\n<li><strong>Sell 15 2027 $15 calls for $1 ($1,500)<\/strong><\/li>\n<li><strong>Sell 25 2027 $13 puts for $4.25 ($10,626)<\/strong><\/li>\n<li><strong>Sell 12 May $10 calls for $1.10 ($1,320)<\/strong><\/li>\n<li><strong>Sell 10 May $10 puts for $1 ($1,000)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $10,629 on the $25,000 spread so $14,371 (135%) of upside potential at $10 in 2027 AND quarterly $1,725 (16.2%) dividends while we wait and they just paid on Jan 31 so 7 more is $12,075 and that\u2019s more than we\u2019re paying for the spread! AND we\u2019re selling $2,320 (21.8%) worth of short-term puts and calls using 91 days so 6 more of those is ANOTHER potential $13,920 (130%) in premium sales to collect!<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/063025\/AESd065186424i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>The Trump Administration&#8217;s war on renewable energy has put a damper on AES but we&#8217;re in this one for the dividends and they paid 0.176 ($440 on May 1st). The stock is actually up at $10.40 ($26,000) and the $15 calls have dropped to 0.90 ($1,350) and the $13 puts are $3.75 ($9,375) so our current net is $15,275 and that&#8217;s <strong><span style=\"color: #339966;\">up $4,646 (43.7%)<\/span><\/strong> plus the dividend but the May calls expired at $12.21 so we had to give $2,652 back to the short calls for a loss of $562 and THAT is why you roll on expiration day &#8211; DON&#8217;T wait for me to tell you &#8211; the money would be back in our pockets already.\u00a0\u00a0<\/p>\n<p>So the loss drives our basis to $11,191 and it&#8217;s still a $25,000 spread and our <strong><span style=\"color: #339966;\">upside potential is $9,725 (63.6%)<\/span><\/strong> and let&#8217;s sell 10 Nov $12 calls for 0.85 ($850) and 10 Nov $10 puts for $1.05 ($1,050) as that&#8217;s $1,900 (12.4% of $15,275) for 144 days out of 564 we have remaining.\u00a0\u00a0<\/p>\n<p><strong><a title=\"Trimming Long Positions into Tremendous Uncertainty\" href=\"https:\/\/www.philstockworld.com\/2025\/03\/07\/trimming-long-positions-into-tremendous-uncertainty\/\" rel=\"bookmark\">March 7 2025 &#8211; Trimming Long Positions into Tremendous Uncertainty<\/a>:<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"color: #0000ff;\"><strong>Ah yes, there&#8217;s a wrinkle in the performance of all of the above positions and everything that came before them <\/strong>(2024 picks)<strong>. We called for a cash out while the S&amp;P 500 was still at 5,791 &#8211; on the way down to 4,881 so the above positions skipped a 10% dip and, in reality, did much, much better than just ticking off their performance as if we held them 3 months later.\u00a0\u00a0<\/strong><\/span><\/p>\n<p><strong><a title=\"PhilStockWorld Top Trade Alert \u2013 March 12 2025 \u2013 iShares 20-Year Treasury (TLT)\" href=\"https:\/\/www.philstockworld.com\/2025\/03\/12\/philstockworld-top-trade-alert-march-12-2025-ishares-20-year-treasury-tlt\/\" rel=\"bookmark\">March 12 2025 \u2013 iShares 20-Year Treasury (TLT)<\/a>:<\/strong>\u00a0<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Buy 25 TLT 2027 $85 calls for $10.50 ($26,250)<\/strong><\/li>\n<li><strong>Sell 20 TLT 2027 $100 calls for $5 ($10,000)<\/strong><\/li>\n<li><strong>Sell 10 TLT 2027 $90 puts for $7.60 ($7,600)<\/strong><\/li>\n<li><strong>Sell 7 May $90 calls for $2.35 ($1,645)<\/strong><\/li>\n<li><strong>Sell 7 May $90 puts for $2.35 ($1,645)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $5,360 on the $37,500 spread so it\u2019s a nice inflation hedge with $32,140 (599%) upside potential if rates go much lower but we expect to drift a bit lower over time and we used 65 out of 675 days so 9 more chances to sell $3,290 in premium is another potential $29,610 (552%) and we certainly can\u2019t lose both sides at once so we\u2019ll roll the losing side and do it again every couple of months!<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/TLTd072074388i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>TLT finished May expirations at $86.30 so the short calls expired worthless and we had to pay back $3.70 ($2,590) of the $$3,290 collected for a gain of $700, which dropped our basis to $4,660. <strong><span style=\"color: #0000ff;\">Once again though, I will point out that rolling the puts at the time would have been a successful move and saved us $2,590!<\/span><\/strong> Meanwhile, the 2027 $85 calls are $7.95 ($19,875), the $100 calls are $2.70 ($5,400) and the $90 puts are $7.65 ($7,650) for net $6,825 and that is <strong><span style=\"color: #339966;\">up $1,465 (31.4%)<\/span><\/strong> despite the poor performance with <span style=\"color: #339966;\"><strong>$30,675 (449%) upside potential remaining.<\/strong><\/span>\u00a0\u00a0<\/p>\n<p>And, of course, here&#8217;s the part where it gets better &#8211; <strong><span style=\"color: #0000ff;\">Now we can sell 7 Oct $90 calls for $2 ($1,400) and 7 Oct $90 puts for $3.85 ($2,695)<\/span><\/strong> and one will win and one will lose but, either way, the premium will expire worthless and we will win. And again, <strong><span style=\"color: #0000ff;\">don&#8217;t wait for me to tell you to do these things &#8211; it should be reflexive &#8211; and you can always ask me in chat&#8230;<\/span><\/strong><\/p>\n<p><strong>March 24 2025 &#8211; <a title=\"PSW Top Trade Alerts- March Madness! \u2013 15 Trade Ideas!!!\" href=\"https:\/\/www.philstockworld.com\/2025\/03\/24\/psw-top-trade-alerts-march-madness-15-trade-ideas\/\" rel=\"bookmark\">PSW Top Trade Alerts- March Madness! \u2013 15 Trade Ideas!!!<\/a><\/strong><\/p>\n<p><strong>Oh no, I forgot about this. So much for finishing this morning! There were lots of bargains about but we did jump the gun too early as the market kept falling but we had all that CASH!!! sitting around and the VIX was high (which is great for premium selling) so we went shopping:\u00a0 <\/strong><\/p>\n<ul>\n<li>LEN \u2013 In the STP,\u00a0<strong>let\u2019s sell 10 LEN 2027 $120 puts for $20.50 ($20,500)<\/strong>. It\u2019s a net $99.50 entry and, if LEN does go lower, we\u2019re thrilled to move it (and the loss) to the LTP, where we\u2019ll add a bull call spread to it. If not and it just goes up \u2013 $20,500 to offset losses on STP hedges.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/LENd073582469i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>The puts are now $23 ($23,000) for <strong><span style=\"color: #ff0000;\">a loss of $2,500 (12.2%)<\/span><\/strong>\u00a0and there&#8217;s $23,000 of upside potential if LEN can get back over $120 in 18 months &#8211; good for a new trade!\u00a0<\/p>\n<ul>\n<li>M \u2013 Good one for the $700\/Month Portfolio.\u00a0<strong>Let\u2019s Buy 10 M 2027 $12 calls for $3.60 ($3,600) and Sell 7 M 2027 $17 calls for $1.85 ($1,295) and sell 3 June $14 calls for $1.05 ($315) for net $1,990<\/strong>. The spread will pay $4,000 at $17 for a potential $2010 (101%) gain plus we\u2019ve got 6 more quarters to sell x $300 is another potential $1,800 (90.4%). See \u2013 it seems like a small little trade but it packs a big punch!<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/Md074143659i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>The $12 calls are now $2.50 ($2,500) and the $17 calls are $1 ($700) and the short June calls went worthless for a $300 gain, so net $2,300 is <strong><span style=\"color: #339966;\">a gain of $110 (6.5%)<\/span><\/strong> against the adjusted $1,690 basis and <strong><span style=\"color: #339966;\">the upside potential at $17 is $2,700 (117%)<\/span><\/strong>. <strong><span style=\"color: #0000ff;\">We can now sell 3 Nov $12 calls for $1.25 ($375)<\/span><\/strong> and I know it doesn&#8217;t seem like much but it&#8217;s 22.2% of our basis for 143 days and if we do that 4 more times, it&#8217;s $1,875 (110%) more than we would have had &#8211; whichever way the spread goes. The short calls can&#8217;t hurt us, they can only cap the gains on 3 of our 2027 $12 calls.\u00a0\u00a0<\/p>\n<ul>\n<li>M \u2013 Even better when you have margin. For the Income Portfolio\u00a0<strong>let\u2019s buy 50 2027 $10 calls for $4.20 ($21,000) and sell 40 2027 $17 calls for $1.85 ($7,400) sell 20 June $14 calls for $1.05 ($2,100)<\/strong>.<\/li>\n<\/ul>\n<p>In the larger portfolio, the 2027 $10s are $3.30 ($16,500), the short $17s are $1 ($4,000) and the June calls expired worthless for a $2,100 gain, dropping the basis to $11,500 so we&#8217;re <strong><span style=\"color: #339966;\">up $1,000 (8.6%)<\/span><\/strong> thanks entirely to the short call sale so you&#8217;re damned right we&#8217;re going to sell 20 Nov $12 calls for $1.25 ($2,500) to keep the money rolling in. <strong><span style=\"color: #339966;\">Upside potential on this one is $23,500 (204%)<\/span><\/strong>.\u00a0<\/p>\n<ul>\n<li>MU \u2013 Also for the STP as we\u2019re happy to own it again in the LTP.\u00a0<strong>Let\u2019s sell 10 MU 2027 $100 puts for $22.75 ($22,750)<\/strong>\u00a0because \u2014 net $77.25!!!<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/MUd081869092i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>Wow, it&#8217;s nice to have one simply go straight up! The $100 puts are now $13.70 ($13,700) for <strong><span style=\"color: #339966;\">a gain of $9,050 (39.7%)<\/span><\/strong> with the remaining being the <strong><span style=\"color: #339966;\">upside potential of $13,700 (100%)<\/span><\/strong> if they can stay over $100.\u00a0 \u00a0<\/p>\n<ul>\n<li>ON \u2013 Right back in the LTP here.\u00a0<strong>Let\u2019s sell 30 2027 $50 puts for $12.25 ($36,750) and buy 50 2027 $40 ($16)\/60 ($8.50) bull call spreads at net $7.50 ($37,500)<\/strong>\u00a0and that\u2019s net $750 on the $75,000 spread and we\u2019re THRILLED to DD if this one drops 20% \u2013 as we really don\u2019t have any money in it yet.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/ONd082141170i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>After a dip and recovery the $50 puts are $10 ($30,000) and the $40 ($20.40)\/60 ($11.20) bull call spread is net $9.20 ($46,000) for net $16,000, which is already <strong><span style=\"color: #339966;\">up $15,250 (2,033%)<\/span><\/strong> as we had such a low basis but there&#8217;s still another <strong><span style=\"color: #339966;\">$59,000 of upside potential<\/span><\/strong> &#8211; and that&#8217;s not even counting the fact that the instructions were to double down if there was a 20% drop (there was).\u00a0\u00a0<\/p>\n<ul>\n<li>OZK \u2013 They pay a 3.8% dividend so, in the Income Portfolio,\u00a0<strong>let\u2019s sell 20 2027 $45 puts for $7.50 ($15,000) and let\u2019s buy 40 2027 $40 ($10.60)\/52.50 ($5) bull call spreads for $5.60 ($22,400)<\/strong>\u00a0and that\u2019s net $7,400 on the $30,000 spread and we\u2019ll start selling some short calls when they bounce. In fact,\u00a0<strong>let\u2019s also sell 10 June $45 puts for $2.80 ($2,800)<\/strong>\u00a0as we intend to sell calls but we\u2019re pretty sure this is a bottom but why should that stop us from selling puts at the bottom of the channel?<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/OZKd082631219i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>Another dip and recover but all good now. The $45 puts are $5.80 ($11,600) and the $40 ($9.70)\/52.50 ($4.65) spread is net $5.05 ($20,200) so net net $8,600 but the June puts expired worthless so the basis is now $4,600 and <strong><span style=\"color: #339966;\">our gain is $4,200 (91.3%)<\/span><\/strong> with another <strong><span style=\"color: #339966;\">$41,400 (481%) left to gain<\/span><\/strong> and we&#8217;re right on track!\u00a0\u00a0<\/p>\n<ul>\n<li>DIS \u2013 Usually we have DIS in the Butterfly Portfolio as they are so much fun to sell against. So, for the Butterfly Portfolio,\u00a0<strong>let\u2019s sell 20 DIS 2027 $100 puts for $12.25 ($24,500) and let\u2019s buy 50 DIS 2027 $90 calls at $22.40 ($112,000) and sell 40 2027 $115 calls for $10.70 ($42,800)<\/strong>. That\u2019s net $44,700 on the $125,000 spread and, if we were to sell 15 June $100 calls at $5.70 (not yet!), that would bring in a quick $8,550 (19.1%) for 88 days out of the 662 we have to sell. As usual with our Butterfly plays \u2013 we do it for the income \u2013 if we ALSO make net $80,300 (179%) on the long spread \u2013 well that\u2019s just a bonus\u2026<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/DISd083284065i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>Another good one! The $100 puts are now $8.80 ($17,600) and the $90 calls are $42.40 ($212,0000) and I&#8217;m so glad we only partly covered as the $115 calls are $25 ($100,000) but that all works out to net $94,400 and <strong><span style=\"color: #339966;\">a gain of $49,700 (111%)<\/span><\/strong> in just 3 months and we&#8217;re in the money already on the $125,000 spread so only <span style=\"color: #339966;\">$31,000 (32.8%) left to gain<\/span> BUT <strong><span style=\"color: #0000ff;\">we can sell 20 Oct $120 calls for $10.10 ($20,200)<\/span><\/strong> and that&#8217;s a nice 21.3% bonus &#8211; as well as hedging our existing gains.\u00a0\u00a0<\/p>\n<p><strong>This is why we cashed out earlier in March &#8211; it&#8217;s not just about getting out of the market but about REMIXING our portfolios so they were more likely to succeed in the changing market conditions. We re-aligned our positions with companies we hoped would survive the Tariffs, Trump&#8217;s BBB and the Trump Administration in general&#8230;<\/strong><\/p>\n<ul>\n<li>TGT \u2013 Right back to the LTP at this price.\u00a0<strong>Let\u2019s sell 20 of the 2027 $110 puts for $20 ($20,000) and pick up 50 of the 2027 $100 ($22.50)\/130 ($11.50) bull call spreads at $11 ($55,000)<\/strong>\u00a0and that\u2019s net $35,000 on the $150,000 spread that\u2019s $35,000 in the money with $115,000 (328%) upside potential and I bet we\u2019ll end up selling some short calls along the way. In fact, same logic as OZK \u2013\u00a0<strong>let\u2019s sell 15 June $110 puts for $9 ($13,500)<\/strong>\u00a0and we\u2019ll sell some calls later on.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/TGTd090333251i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>LOL, spoke too soon!\u00a0 Poor TGT but I think they are a fantastic deal down here.\u00a0 At $98.43, the $110 puts are now $23.50 ($47,200) and the $100 ($16.85)\/130 ($7.35) bull call spread is $9.50 ($47,500) which is net net $300 for <strong><span style=\"color: #ff0000;\">a loss of $34,700 (99.1%)<\/span><\/strong> and, adding insult to injury, the June $110 puts expired at $14.46 ($21,690) for <span style=\"color: #000000;\">a loss of $8,190<\/span> so now our basis is now $43,190 and this needs to be salvaged.\u00a0\u00a0<\/p>\n<p>I still think $130 is a realistic target for Target as they are currently trading at 12.26x. Once tariffs are known, they should stabilize. <strong><span style=\"color: #0000ff;\">The 2026 $105 puts are $14.50 and expire much faster so we can roll the 20 2027 $110 puts ($47,200) to 30 of the 2026 $105 puts ($43,500)<\/span><\/strong> to accelerate the premium decay. The 2027 $90 calls are $21.35 so $4.50 to roll down to those but I&#8217;d rather <strong><span style=\"color: #0000ff;\">buy back the short $130s ($36,750)<\/span><\/strong> and give TGT a chance to bounce BUT <strong><span style=\"color: #0000ff;\">we can still sell 25 (1\/2) Oct $100 calls for $7.65 ($19,125) as they can&#8217;t hurt us (we&#8217;d roll them) and we can offset that with 15 short Oct $100 puts at $8.70 ($13,050)<\/span><\/strong> so the net cost of all these adjustments is $8,275 but now we have 50 2027 $100 calls only 1\/2 covered with Oct $100s so, even if TGT doesn&#8217;t go up, we have a lot of income potential ahead of us.\u00a0\u00a0<\/p>\n<p>So, counting the $43,190 basis + $8,275 we just spent, the new basis is $51,740 so our break-even is just over $110 and I feel good about that, especially as we just sold $32,175 worth of puts and calls using just over 3 of our 18 remaining months!\u00a0\u00a0<\/p>\n<ul>\n<li>FL \u2013 Another one that\u2019s right for the $700\/Month Portfolio \u2013\u00a0<strong>let\u2019s buy 7 2027 $12.50 calls for $6.70 ($4,690) and sell 5 2027 $20 calls for $3.40 ($1,700) and sell 2 June $17.50 calls for $1.40 ($280)<\/strong>\u00a0which is net $2,710 on the $5,250 spread and we have 6 more chances to make $280 ($1,680) so upside potential is ($2,540 + $1,680 =) $4,220 (155%) over 21 months.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/FLd090770041i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>This is fun as they are getting bought &#8211; so we get paid off early! It&#8217;s over our target and the $12.50 calls are $12 ($8,400), the $20 calls are $5.20 ($2,600) and the June $17.50s expired at $1,294 so net $4,506 is <strong><span style=\"color: #339966;\">up $1,796 (66%)<\/span><\/strong> and this one is effectively done.\u00a0 \u00a0<\/p>\n<ul>\n<li>FL \u2013 For the Income Portfolio, we can be more aggressive so\u00a0<strong>let\u2019s buy 50 FL 2027 $17.50 calls for $4.20 ($21,000) and sell 35 2027 $25 calls for $2.20 ($7,700) and sell 20 June $17.50 calls for $1.40 ($2,800) and 20 June $17.50 puts for $2.65 ($5,300)<\/strong>\u00a0and that\u2019s net $5,200 on the $37,500 spread with $32,300 (621%) upside potential PLUS the short-term put\/call sales \u2013 which could be significant!<\/li>\n<\/ul>\n<p>The $17.50 calls are $7.20 ($36,000) and the $25s are $1.35 ($4,725) but those will go worthless so I wouldn&#8217;t give them a penny! The June $17.50 calls finished at $12,940 but we picked up $5,300 on the short puts so net net $28,360 is <strong><span style=\"color: #339966;\">up $23,160 (436%)<\/span><\/strong> &#8211; letting the short calls expire when they do. Not bad for 3 month&#8217;s &#8220;work&#8221;.\u00a0\u00a0<\/p>\n<ul>\n<li>VFC \u2013 Also good for the $700\/Month Portfolio.\u00a0<strong>Let\u2019s buy 5 VFC 2027 $10 ($9)\/20 ($4) bull call spreads<\/strong>\u00a0at net $5 ($2,500) with 100% upside potential.<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/VFCd091750806i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>The $10\/20 spread is now $4.40\/1.70 ($1,350) so <strong><span style=\"color: #ff0000;\">we&#8217;re down $1,150 (46%)<\/span><\/strong> and I&#8217;d want to see earnings before putting more money into this but I do like them down here.\u00a0<\/p>\n<ul>\n<li>VFC \u2013 For the STP, let\u2019s sell 20 2027 $17.50 puts for $4.45 ($8,900)<\/li>\n<\/ul>\n<p>The $17.50 puts are now $7.30 ($14,600) and we&#8217;re <strong><span style=\"color: #ff0000;\">down $5,700 (64%)<span style=\"color: #000000;\"> BUT <\/span><\/span><\/strong><span style=\"color: #ff0000;\"><span style=\"color: #000000;\">the 2026 $14 puts are $3.50 <strong><span style=\"color: #0000ff;\">so I&#8217;d rather roll to 40 of those short ($14,000)<\/span><\/strong> as they pay off in 6 months and, even if they don&#8217;t, they have $5,000 worth of premium to burn off. <strong><span style=\"color: #339966;\">That has a $14,000 upside potential at $14<\/span><\/strong>, which is realistic.\u00a0\u00a0<\/span><\/span><\/p>\n<ul>\n<li>WHR \u2013 Right back to the LTP!\u00a0<strong>Let\u2019s sell 20 2027 $100 puts for $21.50 ($43,000) and let\u2019s buy 50 2027 $90 calls for $18 ($90,000) and let\u2019s sell 20 June $100 calls for $4.50 ($9,000) and 20 June $100 puts for $10 ($20,000) and that\u2019s $29,000 (21.8%)<\/strong> of premium sales against our net $18,000 position for our first 88 days \u2013 fun already!<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/WHRd092786551i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>We were worried for a while but all good now.\u00a0 The $100 puts are $17.20 ($34,400) and the $90 calls are $21.35 ($106,750) and how nice we didn&#8217;t cover those . WHR finished June 20th at $92.98 so the short calls went worthless for a $9,000 gain and we gave back $7.02 ($14,040) on the short puts for a gain of $14,960 so our new basis is $3,040 but NOW we can sell 25 (1\/2) of the 2027 $125 calls for $7.20 ($18,000), which drops our basis to a $14,960 CREDIT and we can sell 10 Sept $100 calls for $7.65 ($7,650) and 10 Sept $100 puts for $7.50 ($7,500) which drops our basis to a net $30,110 CREDIT (and <strong><span style=\"color: #339966;\">that&#8217;s a $48,110 (267%) gain already<\/span><\/strong> on the 1\/2-covered $175,000 spread so we have <strong><span style=\"color: #339966;\">$205,110 (681%) of upside potential PLUS the income we&#8217;ll generate selling puts and calls while we wait<\/span><\/strong>.\u00a0 Aren&#8217;t options fun?!?<\/p>\n<ul>\n<li>BBY \u2013 Back to the LTP so\u00a0<strong>let\u2019s sell 20 of the 2027 $75 puts for $13.50 ($27,000) and buy 50 2027 $60 calls for $20 ($100,000) and let\u2019s sell 20 June $80 calls for $2.90 ($5,800) and 20 June $75 puts for $5.30 ($10,600)<\/strong>\u00a0and that\u2019s net $56,000 on the uncovered calls that are $75,000 in the money. Off to a good start already with $16,400 (29.2%) 88-day income!<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/BBYd114585267i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>The $75 puts are $14.65 ($29,300) and the $60 calls are $18.75 ($93,750) and the June calls expired worthless for a $5,800 gain but the $75 puts hit us for $8.63, which was a $6,660 loss (a sign).\u00a0 So that&#8217;s net -$860 and our basis is now $56,860 and the net is now $64,450 so we&#8217;re <strong><span style=\"color: #339966;\">up $7,590 (13.3%)<\/span><\/strong> and now we can sell 20 Sept $75 calls for $3.80 ($7,600) and 20 Sept $70 puts for $4.40 ($8,800) and now our basis is down to $40,460 and let&#8217;s say $100 is a fair target and that would be $200,000 in the money for an <strong><span style=\"color: #339966;\">upside potential of $159,540 plus<\/span><\/strong>, I&#8217;m sure, more short-term sales.\u00a0\u00a0<\/p>\n<ul>\n<li>LEVI \u2013 Another one for the $700\/Month Portfolio.\u00a0<strong>Let\u2019s pick up 5 2027 $13 ($4.60)\/20 ($1.75) bull call spreads at net $2.85 ($1,425) on the $7 ($3,500)<\/strong>\u00a0spread with a very nice $2,075 (145%) upside potential and we\u2019re $1,500 in the money to start!<\/li>\n<\/ul>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/LEVId115960011i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>Moving up nicely and the $13 ($6.50)\/20 ($2.60) bull call spread is net $3.90 ($1,950) which is <strong><span style=\"color: #339966;\">up $525 (36.8%)<\/span><\/strong> with <strong><span style=\"color: #339966;\">$1,550 (79.4%) left to gain<\/span><\/strong>. Not bad for 3 months in a &#8220;boring&#8221; no-margin spread.\u00a0\u00a0<\/p>\n<ul>\n<li>LEVI \u2013 Too good to pass up for the Butterfly Portfolio so\u00a0<strong>let\u2019s grab 50 of the same 2027 $13s at $4.60 ($23,000) and sell 30 of the 2027 $20s for $1.75 ($5,250) and let\u2019s sell 20 of the 2027 $17 puts for $3.40 ($6,400) and we\u2019ll sell 20 July $15 puts for $1 ($2,000)<\/strong>\u00a0and wait on selling calls.<\/li>\n<\/ul>\n<p>More fun with margin, however: 50 x net $3.90 is $19,500, less $2 ($4,000) for the puts is $15,500 and the July puts are still going at 0.20 ($400) for a $1,600 gain so we&#8217;ll take that off the basis of $11,350 ($9,750) so now we&#8217;re <strong><span style=\"color: #339966;\">up net $5,750 (58.9%)<\/span><\/strong> and close to the money on the $35,000 spread with <strong><span style=\"color: #339966;\">$19,500 (125%) left to gain<\/span><\/strong>.\u00a0 BUT WAIT &#8211; THERE&#8217;S MORE!\u00a0\u00a0<\/p>\n<p>Now that we&#8217;re up at $19, <strong><span style=\"color: #0000ff;\">we can sell 20 of the Oct $20 calls at $1.20 ($2,400) and 20 Oct $18 puts for $1.05 ($2,100)<\/span><\/strong> and $4,500 is 46.1% of our remaining basic with 4 more sales like that to go &#8211; see how well this works?\u00a0\u00a0<\/p>\n<p><a title=\"Top 10 Stocks to Buy Amid Trump\u2019s Tariff Environment \u2013 Members Only!\" href=\"https:\/\/www.philstockworld.com\/2025\/04\/08\/top-10-stocks-to-buy-amid-trumps-tariff-environment-members-only\/\" rel=\"bookmark\"><strong>April 8 2025 &#8211; Top 10 Stocks to Buy Amid Trump\u2019s Tariff Environment \u2013 Members Only!<\/strong><\/a><strong>:<\/strong><\/p>\n<p><strong>Oh, holy crap! What was I thinking? I didn&#8217;t realize how much work this would be down the road!!! Oh well&#8230; April 8th was essentially the dead bottom for the S&amp;P, 5,940 so it was, indeed the perfect time to add 10 stocks. This is a really good report as we listed WHY we thought these were the right trades for the current market conditions. Let&#8217;s see how it went:\u00a0\u00a0<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>Our Trade Idea\u00a0<\/strong>(I\u2019m not going to put these in our Member Portfolios but I will track this post over time)<strong>:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 5 TMUS 2027 $200 puts for $16 ($8,000)\u00a0<\/strong><\/li>\n<li><strong>Buy 7 TMUS 2027 $200 calls for $77 ($53,900)\u00a0<\/strong><\/li>\n<li><strong>Sell 5 TMUS 2027 $250 calls for $48 ($24,000)\u00a0<\/strong><\/li>\n<li><strong>Sell 3 TMUS Sept $260 calls for $20.50 ($6,150)\u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $15,750 on the $35,000 spread that\u2019s 100% in the money to start and, if all goes well, we\u2019ll have 6 more sales that will generate another $18,000 as time goes by.<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/TMUSd122028065i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>So far, not good! Maybe we will be bailed out by the huge VIX we had at the time. The 2027 $200 puts are $12.65 ($6,325) &#8211; yes, a VIX victory! the 200 calls are $61.20 ($42,840), the $250 calls are $32.55 ($16,275) and the Sept $260 calls are $5 ($1,500) so this was a PERFECTLY positioned trade that took full advantage of the high VIX (was 41.50, now 18.65) as well as a clever calendar spread.\u00a0 So now it&#8217;s net $18,740 for <strong><span style=\"color: #339966;\">a $2,990 (15.9%) gain<\/span><\/strong> with <strong><span style=\"color: #339966;\">$16,260 (86.7%) left to gain<\/span><\/strong>.\u00a0<\/p>\n<p><strong>That is very nice for a stock that FELL $10 (4%) since we bought it &#8211; OPTIONS!<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>Our Trade Idea:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 10 GIS 2027 $60 puts for $9 ($9,000)<\/strong><\/li>\n<li><strong>Buy 15 GIS 2027 $50 calls at $12 ($18,000)\u00a0<\/strong><\/li>\n<li><strong>Sell 10 GIS 2027 $65 calls for $5 ($5,000)\u00a0<\/strong><\/li>\n<li><strong>Sell 7 July $57.50 calls for $3.80 ($2,660)<\/strong><\/li>\n<li><strong>Sell 5 July $57.50 puts for $3.50 ($1,750)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s a net $410 CREDIT on the $22,500 spread so there\u2019s $22,910 (5,587%) upside potential PLUS a good $18,000 (4,390%) upside potential on the short puts and calls \u2013 Aren\u2019t options fun?!?\u00a0<\/strong><\/p>\n<p><strong>*** OK, this one should go in the Income Portfolio!\u00a0<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/GISd122838672i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>This would have been worse last week! As it is, the $60 puts are $10.50 ($10,500), the $50 calls are $8 ($12,000) and the short $65 calls are $2 ($2,000) and the short spread is 0.15\/4.50\u00a0 $105 and $2,250 is $2,355 so net net net is a net $2,855 credit but not the good kind of credit in this case as we HAD a net $410 credit so this is <strong><span style=\"color: #ff0000;\">a net LOSS of $2,445<\/span><\/strong> but it&#8217;s still a $22,500 spread and $65 is realistic so now we have <strong><span style=\"color: #339966;\">$24,945 of upside potential<\/span><\/strong> and we&#8217;ll take back that loss right away by <strong><span style=\"color: #0000ff;\">selling (pre-roll) 10 Oct $55 puts for $4 ($4,000)<\/span><\/strong> and we&#8217;ll wait on selling more short calls.\u00a0\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><strong>Our Trade Idea:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 10 CVS 2027 $70 puts for $11.50 ($11,500)<\/strong><\/li>\n<li><strong>Buy 20 CVS 2027 $65 calls for $13 ($26,000)\u00a0<\/strong><\/li>\n<li><strong>Sell 15 CVS 2027 $85 calls for $7 ($10,500)\u00a0<\/strong><\/li>\n<li><strong>Sell 7 CVS July $70 calls for $4.70 ($3,290)\u00a0<\/strong><\/li>\n<li><strong>Sell 5 CVS July $70 puts for $5.40 ($2,700)\u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\">That\u2019s a net $1,990 CREDIT on the $40,000 spread and, once again,\u00a0<strong>it\u2019s too good not to add to our Butterfly Portfolio.<\/strong>\u00a0 $41,990 upside potential and 6 more $5,000+ sales for another $30,000 \u2013 sounds like fun to me!\u00a0 \u00a0<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/CVSd124570066i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>On track with the $70 puts at $10 ($10,000), the $65 calls at $12.70 ($25,400), the $85 calls at $5 ($7,500) and the short spread is almost a bullseye at $1.25 ($875) and $1.55 ($775) so <strong><span style=\"color: #339966;\">net net $6,250 is up $8,240 (414%)<\/span><\/strong> with <strong><span style=\"color: #339966;\">$31,760 (508%) left to gain<\/span><\/strong>.\u00a0\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><strong>Our Trade Idea:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Buy 10 ELV 2027 $400 calls for $100 ($100,000)\u00a0<\/strong><\/li>\n<li><strong>Sell 10 ELV 2027 $500 calls for $55 ($55,000)\u00a0<\/strong><\/li>\n<li><strong>Sell 5 ELV 2027 $350 puts for $30 ($15,000)\u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>Nothing too fancy here as it\u2019s an expensive stock. We might get more aggressive later but let\u2019s make sure this is the bottom first.\u00a0\u00a0<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/ELVd124763226i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>This one is great for a new trade (ie, a current loss): The $350 puts are $33.40 ($16,700), the $400 calls are $61.80 ($61,800) and the $500 calls are $26 ($26,000) for net $19,100 and it was, unfortunately, net $30,000 so we&#8217;re <strong><span style=\"color: #ff0000;\">down $10,900 (36.3%)<\/span><\/strong> <strong><span style=\"color: #339966;\">but the good news is now there&#8217;s $80,900 (423%) of upside potential!<\/span><\/strong>\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><strong>Our Trade Idea:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 10 UNP 2027 $170 puts for $15 ($15,000)<\/strong><\/li>\n<li><strong>Buy 15 UNP 2027 $200 calls for $42 ($63,000)\u00a0<\/strong><\/li>\n<li><strong>Sell 13 UNP 2027 $270 calls for $13 ($16,900)\u00a0<\/strong><\/li>\n<li><strong>Sell 3 UNP Aug $240 calls for $5.60 ($1,680)\u00a0<\/strong><\/li>\n<li><strong>Sell 3 UNP Aug $220 puts for $17.50 ($5,250)\u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $24,170 on the $105,000 spread so we have $80,830 (334%) upside potential plus another $6,000+ at least 5 times for another $30,000 (124%) upside potential so that should be fun!\u00a0\u00a0<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/UNPd125302316i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>We&#8217;re dead center on the short Aug puts and calls, now $5 ($1,500) and $2 ($600) for a gain of $4,680 so far &#8211; that&#8217;s a good start.\u00a0 Even better, the $200 ($52.50)\/270 ($15.75) bull call spread is ($78,750-$20,475=) $58,275 and the short $170 puts are $6.80 ($6,800) so net net net $49,375 already and that&#8217;s <strong><span style=\"color: #339966;\">up $25,205 (104%)<\/span><\/strong> already but still <strong><span style=\"color: #339966;\">$55,625 (95.4%) left to gain<\/span><\/strong> and right on track!\u00a0\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><strong>Our Trade Idea \u2013 Options only go out to Nov:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 5 AYI Nov $240 puts at $30 ($15,000)\u00a0<\/strong><\/li>\n<li><strong>Buy 10 AYI Nov $200 calls at $50 ($50,000)\u00a0<\/strong><\/li>\n<li><strong>Sell 10 AYI Nov $260 calls at $20 ($20,000)\u00a0<\/strong><\/li>\n<li><strong>Sell 3 AYI July $250 calls at $14 ($4,200)\u00a0<\/strong><\/li>\n<li><strong>Sell 3 AYI July $230 puts at $19 ($5,700)\u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $5,100 on the $60,000 spread so we have $54,900 (1,076%) upside potential at $260 and we\u2019ll see how the short puts and calls do while we wait.\u00a0\u00a0<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/AYId142566410i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>This blew past our short-term shorts! The July $250 calls are $56.50 ($16,950) and the July $230 puts are 0.10 ($30). The short Nov $240 puts are $3.50 ($1,750) thank goodness and the 200 calls are $111 ($110,000) and the $250 calls are $65.20 ($65,200) so net net $26,070 is <strong><span style=\"color: #339966;\">up $20,970 (411%)<\/span><\/strong> and look how upset we are that we &#8220;only&#8221; made 411% in 3 months! We screwed ourselves on the short calls, which happens sometimes but <strong><span style=\"color: #0000ff;\">the good news is we already get to put the $26,070 back to work on a new trade &#8211; this one is over &#8211; it&#8217;s not worth fixing as the options only go out to February.<\/span><\/strong>\u00a0 \u00a0\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><strong>Our Trade Idea \u2013 This one is a fit for our LTP:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 20 STLD 2027 $120 puts for $24 ($48,000)\u00a0<\/strong><\/li>\n<li><strong>Buy 30 STLD 2027 $100 calls for $32 ($96,000)\u00a0<\/strong><\/li>\n<li><strong>Sell 25 STLD 2027 $150 calls for $12.50 ($31,250)\u00a0<\/strong><\/li>\n<li><strong>Sell 10 STLD Aug $120 calls for $10.50 ($10,500)<\/strong><\/li>\n<li><strong>Sell 10 STLD Aug $110 puts for $10 ($10,000)\u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s a net $3,750 credit so we have $153,750 of upside potential (4,100%) if they get back over $150 and, while we wait, we should get 3 more shorts selling $20,000 worth of puts and calls for another $60,000 (1,600%) \u2013 FUN!!!\u00a0<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/STLDd143493853i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>Also over our target but not as drastically as AIY and they do have 2027 options &#8211; so easy to fix.\u00a0 The short Aug $120s are $13.60 ($13,600) and the Aug $110 puts are 0.85 ($850) &#8211; so that&#8217;s fine as we sold them for $20,500 as a set. Meanwhile, the 2027 $120 puts are $16 ($32,000), the $100 calls are $41.30 ($123,900) and the $150 calls are $15.25 ($38,125) for net net $39,325 so <strong><span style=\"color: #339966;\">a gain of $43,075 (1,148%)<\/span><\/strong> on the $150,000 spread with <strong><span style=\"color: #339966;\">$110,675 left to gain<\/span><\/strong> PLUS more short puts and calls!\u00a0 <strong>Aren&#8217;t options fun?!?<\/strong><\/p>\n<p><span style=\"color: #0000ff;\"><strong>Obviously good for a new trade &#8211; even more obvious if you read our trade logic in the April 8th Report.<\/strong><\/span>\u00a0\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><strong>Our Trade Idea \u2013 This one fits in the Butterfly Portfolio:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 20 NEM 2027 $45 puts for $7 ($14,000)\u00a0<\/strong><\/li>\n<li><strong>Buy 35 NEM 2027 $35 calls for $15 ($52,500)\u00a0<\/strong><\/li>\n<li><strong>Sell 30 NEM 2027 $50 calls for $8 ($24,000)\u00a0<\/strong><\/li>\n<li><strong>Sell 10 NEM Aug $47.50 calls for $4 ($4,000)\u00a0<\/strong><\/li>\n<li><strong>Sell 10 NEM Aug $45 puts for $3.65 ($3,650)\u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $6,850 on the $52,500 spread so we have $45,650 (666%) of upside potential at $50 \u2013 which is NOT a far trip and let\u2019s say 4 more chances to collect $7,000 is $28,000 (408%) in premium returns \u2013 another fun one!\u00a0<\/strong>\u00a0<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/NEMd144311103i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>Another one that&#8217;s blowing out our short-term sales but, in this case, we had 5 open longs so it won&#8217;t be a big problem and, again, 2027 options mean we can roll and roll and roll (RAWHIDE!). The Aug $47.50 calls are $12.05 ($12,050) and the $45 puts are toast at 0.15 ($150), the 2027 $45 puts are still $2.85 ($2,850) &#8211; that seems unfair and the $35s are $26 ($91,000) and the $50 calls are $15.40 ($46,200) and that&#8217;s net net $29,750 so we&#8217;re <strong><span style=\"color: #339966;\">up $22,900 (334%)<\/span><\/strong> with <strong><span style=\"color: #339966;\">$22,750 (76.4%) left to gain<\/span><\/strong> if we just hold $50, plus the additional short-term sales.\u00a0\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><strong>Our Trade Idea \u2013 Too cheap to ignore! Add to LTP:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 20 DG 2027 $100 puts for $22 ($44,000)\u00a0<\/strong><\/li>\n<li><strong>Buy 50 DG 2027 $80 calls at $24.50 ($122,500)\u00a0<\/strong><\/li>\n<li><strong>Sell 45 DG 2027 $120 calls for $11 ($49,500)\u00a0<\/strong><\/li>\n<li><strong>Sell 10 DG Aug $100 calls at $5.30 ($5,300)<\/strong><\/li>\n<li><strong>Sell 10 DG Aug $90 puts at $8.10 ($8,100)\u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>Here we\u2019re at net $15,600 on the $200,000 spread that\u2019s $50,000 in the money to start. Upside potential is $184,400 and we have 5 more chances to collect $13,000 so $65,000 is another potential 416% while we wait.\u00a0 See \u2013 it has\u00a0 to go in the LTP!\u00a0<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/DGd145046758i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>Another happy blow-out. The Aug $100s are $16.30 ($16,300) and the $90 puts are 0.23 ($230)while the 2027 $80 puts are $5 ($5,000 WTF?) and I would play those now just to generate cash as they are $25 (21.7%) out of the money. The 2027 $80 calls are $41.85 ($209,250) and the short $120s are almost at the money at $18.50 ($83,250) and that&#8217;s all net net $104,470 for <strong><span style=\"color: #339966;\">a lovely $88,870 gain<\/span><\/strong> so far and there is STILL <span style=\"color: #339966;\"><strong>$95,530 (91.4%) left to gain if we make it to $120 (LOL)<\/strong><\/span> PLUS, of course, more short-term puts and calls to sell!\u00a0 <strong><span style=\"color: #0000ff;\">Of course good for a new trade &#8211; it&#8217;s FREE MONEY!<\/span><\/strong>\u00a0\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><strong>Our Trade Idea \u2013 Also for the LTP!:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 10 KMX 2027 $75 puts for $13 ($13,000)\u00a0<\/strong><\/li>\n<li><strong>Buy 25 KMX 2027 $70 calls for $20 ($50,000)\u00a0<\/strong><\/li>\n<li><strong>Sell 20 KMX 2027 $90 calls for $11.50 ($23,000)\u00a0<\/strong><\/li>\n<li><strong>Sell 10 KMX Sept $80 calls for 7.50 ($7,500)\u00a0<\/strong><\/li>\n<li><strong>Sell 10 KMX Sept $75 puts for $8.20 ($8,200)\u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>This one is a net $1,700 credit and we should have 5 more opportunities to sell $15,000 ($75,000!) and there\u2019s $51,700 (3,041%) upside potential in the spread and you can see how we couldn\u2019t resist adding it to the LTP.\u00a0\u00a0<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070125\/KMXd145886831i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>Hey, we didn&#8217;t get blown out of the water on the short puts and calls! The Sept $75 puts are $6.10 ($6,100) and the $80 calls are 0.90 ($900), so up nicely already. The 2027 $75 puts are $13.30 ($13,300), the $70 calls are $15 ($37,500) and the $90 calls are $7.15 ($14,300) for net net $2,900 and that&#8217;s <strong><span style=\"color: #339966;\">up $4,600 (270%)<\/span><\/strong> with <strong><span style=\"color: #339966;\">$47,100 (1,624%) of remaining upside potential<\/span><\/strong> so <strong><span style=\"color: #0000ff;\">great for a new trade<\/span>. Who doesn&#8217;t like making 1,624% in 18 months?<\/strong>\u00a0<\/p>\n<p><strong><a title=\"PhilStockWorld Top Trade Alert \u2013 April 22nd 2025 \u2013 AGNC, PHM and JACK\" href=\"https:\/\/www.philstockworld.com\/2025\/04\/22\/philstockworld-top-trade-alert-april-22nd-2025-agnc-phm-and-jack\/\" rel=\"bookmark\">April 22nd 2025 \u2013 AGNC, PHM and JACK<\/a>:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Buy 3000 shares of AGNC at $8.25 ($24,750)<\/strong><\/li>\n<li><strong>Sell 30 AGNC 2027 $8 calls for 0.85 ($2,550)\u00a0<\/strong><\/li>\n<li><strong>Sell 30 AGNC 2027 $8 puts for $1.80 ($5,400)\u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 80px;\"><strong>That\u2019s net $16,800 or $5.60 per share, which is a 32% discount to the current price. Our plan is to get called away at $8+ in Jan 2027, collecting $24,000 (we are limited and protected by the short calls) for a $7,200 profit but also collecting 7 0.36 dividends x 3,000 shares = $7,560 for a total profit of $14,760 (87.8%) in 21 months.<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070325\/AGNCd063971852i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>Not only is AGNC a fantastic bargain (6x forward earnings with rates heading lower), it also pays a $1.44 (15.27%) dividend! THAT is why it trades so flat &#8211; as a REIT, they give away 90% of the profits to investors but flat is fine with us as we sell puts and calls for income to double that 15% (at least).\u00a0\u00a0<\/p>\n<p>As it stands at the moment, the stock is at $9.42 ($28,260) and the $8 calls are $1.40 ($4,200) and the $8 puts are 0.85 ($2,550) and that&#8217;s net $21,510, which is <strong><span style=\"color: #339966;\">up $4,710 (28%)<\/span><\/strong> in a couple of months and we got an 0.12 ($360 monthly) dividend on April 30th, May 31st and June 30th so that&#8217;s <strong><span style=\"color: #339966;\">up another $1,080 (6.4%)<\/span><\/strong> and we&#8217;ll take that off the basis to drop it to $15,720 with an <strong><span style=\"color: #339966;\">upside potential of $8,280 (52.6%)<\/span><\/strong> and <strong><span style=\"color: #0000ff;\">NOW we can have some bonus fun and sell 15 Sept $9 calls for 0.60 ($900) and 15 Sept $10 puts for 0.85 ($1,275) and we will roll the losing side to the Jan whatevers to pick up a bonus $2,000 (hopefully)<\/span><\/strong>.\u00a0 <strong>See how easy it is to make money with options?<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 10 PHM 2027 $75 puts for $8 ($8,000)\u00a0<\/strong><\/li>\n<li><strong>Buy 20 PHM 2027 $90 calls for $23 ($46,000)\u00a0<\/strong><\/li>\n<li><strong>Sell 20 PHM 2027 $115 calls for $13 ($26,000)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $12,000 on the $50,000 spread that\u2019s $10,000 in the money to start. Even if we\u2019re wiped out and lose $12,000 and have to buy 1,000 shares at $75, that\u2019s still net $89 \u2013 6.8% below the current price as our worst case!\u00a0 Upside potential is, of course $38,000 (316%) at $115 or above and that\u2019s about 10x earnings \u2013 which I consider very fair once things settle down.\u00a0\u00a0<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070325\/PHMd065855264i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p><span style=\"color: #0000ff;\"><strong>This chart is a great indicator of our investing style. We are VALUE investors <\/strong>(I&#8217;m an old M&amp;A consultant &#8211; I have been valuing companies for 40 years)<strong> and, because we use options for hedging and leverage AND to generate an income stream &#8211; we don&#8217;t need a stock to go up to make money &#8211; as long as the stock is flat or not down too much &#8211; we will make a profit! Up is just a bonus. So, primarily, we look to identify stocks that have fallen to the point where they make a good acquisition targets &#8211; assuming that should put a floor on them.\u00a0 After that &#8211; well, you&#8217;ve seen what happens after that &#8211; 50 times over 6 months in this review alone!<\/strong><\/span><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/042225\/PHMw085806214i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p><strong><span style=\"color: #0000ff;\">That&#8217;s what the chart looked like when we decided it was oversold. We don&#8217;t know WHEN it will happen but it often happens that, at some point after we decide to buy &#8211; other analysts begin to realize the stock is worth more than it&#8217;s been priced at. While we are waiting &#8211; we collect an income selling options. Isn&#8217;t that a nice, sensible strategy?<\/span> \u00a0<\/strong><\/p>\n<p>The $75 puts are now $4.30 ($4,300), the $90 calls are $33.50 ($67,000) and the $115 calls are $17.60 ($35,200) so now net $27,500 is already <strong><span style=\"color: #339966;\">up $15,500 (129%)<\/span><\/strong> in a couple of months but it&#8217;s a $50,000 spread so there is still <strong><span style=\"color: #339966;\">$22,500 (81.8%) of upside potential<\/span><\/strong> for a trade that&#8217;s almost entirely in the money already.\u00a0\u00a0<\/p>\n<p>Since we&#8217;re at goal &#8211; <strong><span style=\"color: #0000ff;\">we can lock in our gains by selling 7 (1\/3) of the Oct $115 calls for $7.25 ($5,075) and we&#8217;ll sell 5 Oct $115 puts for $9.60 ($4,800)<\/span><\/strong> because that&#8217;s a LOT of money for the puts &#8211; so we&#8217;ll take it, thanks!\u00a0 And, just like that, we&#8217;ve collected $9,875 (35.9%) or about 1\/3 of our basis in 106 days and we have 5 more quarters to sell! <strong>Options ARE fun!<\/strong>\u00a0\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><strong>JACK is already in our Income Portfolio and that very aggressive spread is just fine as is and we adjusted our LTP so much it\u2019s like a new trade but, from scratch as a conservative play, I would try:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 20 JACK Dec (as far as they go) $25 puts for $5.20 ($10,400)<\/strong><\/li>\n<li><strong>Buy 40 JACK Dec $15 calls for $11 ($44,000)<\/strong><\/li>\n<li><strong>Sell 40 JACK Dec $25 calls for $5 ($20,000)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $13,600 on the $40,000 spread with $26,400 (194%) upside potential in 8 months if JACK holds on to $25.<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070325\/JACKd072295980i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>That little pop won&#8217;t save us but I do love JACK down here with a $389M market cap, trading at 4x forward earnings. The Dec $25 puts are $6.75 ($13,500) and the $15 calls are $7.50 ($30,000) and the $25 calls are $2.75 ($11,000) and that&#8217;s net $5,500 so we&#8217;re <strong><span style=\"color: #ff0000;\">down $8,100<\/span><\/strong> but NOW the 2027s are out so <strong>here&#8217;s how we salvage:<\/strong>\u00a0\u00a0<\/p>\n<p>We paid net $6 for the $15\/25 spread and the $15s are $7.50, which is MORE than we paid for the spread so <strong><span style=\"color: #339966;\">we SALVAGE the $7.50 by rolling the Dec $15 calls ($30,000) to 50 2027 $12.50 calls at $11.40 ($57,000)<\/span><span style=\"color: #339966;\"> and we&#8217;ll sell 35 2027 $25 calls for $6.30 ($22,050)<\/span><\/strong> and that&#8217;s net $4,950 spent on the new $50,000+ spread. We leave the short Dec $25s to rot and then we can generate more income selling calls next year.\u00a0 <strong><span style=\"color: #0000ff;\">The 2027 $22.50 puts are $8.10, so if we roll our puts to $25 of those ($20,250)<\/span><\/strong>, we pocket another net $6,750 &#8211; so this entire salvage operation has been a net CREDIT of $1,800, which drops our basis to $11,800 with <strong><span style=\"color: #339966;\">$38,200 (323%) upside potential<\/span><\/strong>.\u00a0 <strong>SALVAGED!<\/strong>\u00a0<\/p>\n<p><a title=\"PhilStockWorld Top Trade Alert \u2013 April 28, 2025 \u2013 Astrazeneca (AZN)\" href=\"https:\/\/www.philstockworld.com\/2025\/04\/28\/philstockworld-top-trade-alert-april-28-2025-astrazeneca-azn\/\" rel=\"bookmark\"><strong>April 28, 2025 \u2013 Astrazeneca (AZN)<\/strong><\/a><strong>:\u00a0<\/strong><\/p>\n<p><strong><span class=\"ql-emojiblot\" data-name=\"sunglasses\"><span class=\"wpd-content-em wpdem-sunglasses\">\ud83d\ude0e<\/span><\/span>\u00a0Health Care is one of the only sectors we\u2019re confident in. As it turns out, AZN is fairly range-bound and makes for a nice Butterfly Portfolio Play: Sell 10 AZN 2027 $70 puts at $8.20 ($8,200), Buy 20 AZN 2027 $60 calls at $17 ($34,000), Sell 15 AZN 2027 $80 calls at $7 ($10,500), Sell 7 AZN July $70 calls for $4.50 ($3,150) and Sell 5 AZN $70 puts for $3 ($1,500). The long spread is $15,300 and we\u2019ve sold $4,650 (30.3%) using just 81 of our 627 days.<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070325\/AZNd073610601i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>Range-bound is right but how perfect is that? This is a good example of how we make money on a flat stock &#8211; even one that swings up and down like AZN has. The July $70 calls are $2.10 ($1,470) and the $70 puts are 0.85 ($425) so <strong><span style=\"color: #339966;\">we&#8217;re up $2,755 so far on the pair<\/span><\/strong> and that drops our basis to $12,545 and <strong><span style=\"color: #0000ff;\">next we can sell 7 Oct $72.50 calls for $3.35 ($2,345) and 5 Oct $70 puts for $3.10 ($1,550)<\/span><\/strong> and that&#8217;s another $3,895 (31%) in our pocket for 106 days.\u00a0<\/p>\n<p>And now we can move on to the main spread, where the 2027 $70 puts are $7.65 ($7,650) and the $60 calls are still $17 ($34,000) and the $80 calls are $6.50 ($9,750), which is net $16,600 and that&#8217;s <strong><span style=\"color: #339966;\">up $4,055 (32%)<\/span><\/strong> from our adjusted basis &#8211; very much on track for month #2 and our <strong><span style=\"color: #339966;\">upside potential is $23,400 (140%)<\/span><\/strong> plus more short-term premium sales&#8230;\u00a0<\/p>\n<p><strong><a title=\"PhilStockWorld Top Trade Alert \u2013 May 8 2025 \u2013 NewtekOne (NEWT)\" href=\"https:\/\/www.philstockworld.com\/2025\/05\/08\/philstockworld-top-trade-alert-may-8-2025-newtekone-newt\/\" rel=\"bookmark\">May 8 2025 \u2013 NewtekOne (NEWT)<\/a>:<\/strong>\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><strong>For our Income Portfolio, let\u2019s add NEWT:\u00a0\u00a0<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Buy 3,000 NEWT for $9.95 ($29,850)\u00a0<\/strong><\/li>\n<li><strong>Sell 30 NEWT Dec $10 calls for $1.10 ($3,300)\u00a0<\/strong><\/li>\n<li><strong>Sell 30 NEWT Dec $10 puts for $1.30 ($3,900)\u00a0<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $22,650 and, if we\u2019re called away at $10, that will be a $7,350 profit PLUS 2x 0.19 in dividends is $1,140 so $8,490 (37.4%) in upside potential over 7 months!\u00a0\u00a0<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070525\/NEWTd083232175i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>NEWT is already $12.15 ($36,450), blasting over our target. The short $10s cap our gains, now $2.45 ($7,350) and the puts are down to 0.45 ($1,350) so net $27,750 is already up <strong><span style=\"color: #339966;\">$5,100 (22.5%)<\/span><\/strong> in two months and no dividends yet, so that&#8217;s all for now. $30,000 is our best case and that&#8217;s another <strong><span style=\"color: #339966;\">$2,250 (8.1%) of upside potential<\/span><\/strong> by December PLUS the dividends so we don&#8217;t need the cash and we might get longer option to roll to by then &#8211; so there&#8217;s no point in cashing this out &#8211; it&#8217;s just an early bloomer!\u00a0\u00a0<\/p>\n<p><strong><a href=\"https:\/\/www.philstockworld.com\/2025\/05\/16\/philstockworld-top-trade-alert-may-16-2025-barrick-mining-b\/\" target=\"_blank\" rel=\"noopener\">May 16 2025 \u2013 Barrick Mining (B)<\/a>:<\/strong><\/p>\n<p style=\"padding-left: 40px;\">So we consider that free money but the obligation is real so make sure you don\u2019t mind being assigned.\u00a0 For our purposes, let\u2019s go with:<\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Sell 10 B 2027 $18 puts for $2.85 ($2,850)<\/li>\n<li>Buy 20 B 2027 $13 calls for $6 ($12,000)<\/li>\n<li>Sell 17 B 2027 $20 calls for $2.55 ($4,335)<\/li>\n<li>Sell 5 B July $18 calls for $0.85 ($425)<\/li>\n<li>Sell 5 B July $18 puts for $1 ($500)\u00a0<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\">Our net entry is $3,890 on the $14,000 spread so there\u2019s 10,110 (359%) upside potential at $20 and, while we wait, we have about 7 more chances to collect $900 ($6,300) as we simply either sell more puts and calls or roll the ones we have out in time every 2-3 months.\u00a0\u00a0<\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070525\/Bd084044569i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>We have blown over our July target and the July $18 calls are $3.50 ($1,750) but at least the puts are going worthless.\u00a0 It&#8217;s an $825 loss on the pair, which runs our basis up to $4,715 but the good news is the 2027 $18 puts are now $1.45 ($1,425), the $13 calls are $9.25 ($18,500) and the short $20 calls are in the money at $4.50 ($7,650) for a net of $9,425 &#8211; so we&#8217;re still <strong><span style=\"color: #339966;\">up a healthy net $4,710 (99.8%)<\/span><\/strong> in a very short time and there&#8217;s <span style=\"color: #000000;\">$4,575 (48.5%) left to gain<\/span>.<\/p>\n<p>Still, we can do better, can&#8217;t we? <strong><span style=\"color: #0000ff;\">Let&#8217;s sell 10 Sept $21 calls for $1.55 ($1,550)<\/span><\/strong> as they are very unlikely to hurt us but we&#8217;re not going to sell short-term puts here, as they might. Also, the $13 calls are &#8220;too deep&#8221; in the money so <strong><span style=\"color: #0000ff;\">we can cash them out for $9.25 ($18,500) and buy 40 2027 $20 calls at $4.50 ($18,000) and roll the 17 2027 short $20 calls ($4,335) to 30 short $27 calls at $2 ($6,000)<\/span><\/strong> which all puts net $2,165 in our pockets and reduces our basis back to $1,000 and now we have a $28,000 spread with <strong><span style=\"color: #339966;\">$27,000 (2,700%) upside potential<\/span><\/strong> AND tremendous income-generating potential while we wait.\u00a0 \u00a0\u00a0<\/p>\n<p><strong><a href=\"https:\/\/www.philstockworld.com\/2025\/06\/02\/philstockworld-top-trade-alert-june-2-2025-pinterest-pins\/\" target=\"_blank\" rel=\"noopener\">June 2 2025 \u2013 Pinterest (PINS)<\/a>:<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>For PINS in the LTP, we like:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 10 2027 $30 puts for $5.40 ($5,400)<\/strong><\/li>\n<li><strong>Buy 25 2027 $25 calls for $12 ($30,000)<\/strong><\/li>\n<li><strong>Sell 25 2027 $37 calls for $6 ($15,000)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $9,600 on the $30,000 spread with $20,400 (212%) upside potential in 18 months and, of course, keep in mind in new portfolios we always leave room to double down or adjust our positions.<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070525\/PINSd085819870i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>We cashed out the STP, LTP, Income and Butterfly Portfolios in May because &#8211; as you can see from the above trades &#8211; we were doing amazingly well and wanted to lock things in ahead of the Tariff uncertainty.\u00a0 We also &#8211; as you can see from the above trades &#8211; have PLENTY of upside potential, so we have no FOMO &#8211; just a comfortable pile of CASH!!! to re-deploy and PINS was our first deployment&#8230;<\/p>\n<p>The $30 puts are still $5.50 ($5,500) but the $25 calls are $16.75 ($41,875) and the $37 calls are $10 ($25,000) for net $11,375 and that&#8217;s <strong><span style=\"color: #339966;\">up $1,775 (18.4%) in our first month<\/span><\/strong> but there&#8217;s still <strong><span style=\"color: #339966;\">$18,625 (163%) of upside potential<\/span><\/strong> and we&#8217;re just under goal already!\u00a0\u00a0<\/p>\n<p><strong><a href=\"https:\/\/www.philstockworld.com\/2025\/06\/05\/philstockworld-top-trade-alert-june-6th-2025-energy-fuels-inc-uuuu\/\" target=\"_blank\" rel=\"noopener\">June 6th 2025 \u2013 Energy Fuels, Inc. (UUUU)<\/a>:<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>For the $700\/Month Portfolio, let\u2019s:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Buy 20 UUUU 2027 $5 calls at $2.10 ($4,200)<\/strong><\/li>\n<li><strong>Sell 15 UUUU 2027 $7 calls at $1.45 ($2,175)<\/strong><\/li>\n<li><strong>Sell 5 UUUU July $6 calls for 0.40 ($200)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $1,825 on the $4,000 spread so we have $2,175 (119%) of upside potential at $7 but we also have 546 more days to sell so 10x $200 would be another $2,000 of potential short sales \u2013 all without using any margin!<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070525\/UUUUd090557424i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>Yet another well-timed entry! We have no margin in the $700\/Month Portfolio so we Theta Decay to generate an income via imbalances. The short July $6 calls are still 0.40 ($400) and <strong><span style=\"color: #0000ff;\">we will roll those along to Oct $7 calls, now 0.55 ($550)<\/span><\/strong> and that drops our basis to $1,675, which is fine because the 2027 $5 calls are $2.50 ($5,000) and the short $7 calls are $1.70 ($2,550) for net $1,900 and that is <strong><span style=\"color: #339966;\">up (drumroll please) &#8211; $75 (4.4%)<\/span><\/strong> and the lower basis means our <strong><span style=\"color: #339966;\">upside potential is now $2,325 (138%)<\/span><\/strong>!\u00a0\u00a0<\/p>\n<p style=\"padding-left: 40px;\"><strong>For the LTP, let\u2019s:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 30 UUUU 2027 $5 puts for $1.25 ($3,750)<\/strong><\/li>\n<li><strong>Buy 50 UUUU 2027 $3 calls for $3.150 ($15,500)<\/strong><\/li>\n<li><strong>Sell 30 UUUU 2027 $7 calls for $1.45 ($4,350)<\/strong><\/li>\n<li><strong>Sell 20 UUUU July $6 calls for 0.40 ($800)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $6,600 on the $20,000 spread and we should be able to make back the $6,600 selling short calls and we\u2019d be THRILLED to DD if they fall back to $4 but a very nice $13,400 (203%) upside potential plus the short call sales over 18 months sounds good to me!<\/strong><\/p>\n<p>What a difference a little margin makes:\u00a0 Same deal on the short July $6s &#8211; we roll them to the July $7s and pick up $3,000 &#8211; so the new basis is $3,300.\u00a0 50 $3s were more aggressive with a higher Delta and now they are $3.60 ($18,000) and we did far less covering so the short $7 calls ($1.70) are $5,100 and the short puts are $1.10 ($3,300) for net $9,600 and that&#8217;s <strong><span style=\"color: #339966;\">up $6,300 (190%)<\/span><\/strong> in one month and we still have <strong><span style=\"color: #339966;\">$10,400 (108%) upside potential<\/span><\/strong> &#8211; plus some more income while we wait.\u00a0\u00a0<\/p>\n<p><strong><a href=\"https:\/\/www.philstockworld.com\/2025\/06\/23\/philstockworld-top-trade-alert-june-23-2025-fiserv-fi\/\" target=\"_blank\" rel=\"noopener\">June 23, 2025 \u2013 Fiserv (FI)<\/a>:<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong>Since they are partnering with PYPL \u2013 who are the 2nd biggest player in the space \u2013 and CRCL \u2013 the hottest \u2013 I think, for the LTP, we can get started like this:<\/strong><\/p>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li><strong>Sell 5 FI 2027 $170 puts at $23 ($16,500)<\/strong><\/li>\n<li><strong>Buy 15 FI 2027 $160 calls at $34.50 ($51,750)<\/strong><\/li>\n<li><strong>Sell 10 FI 2027 $200 calls at $18 ($18,000)<\/strong><\/li>\n<li><strong>Sell 5 Sept $180 calls for $6.10 ($3,500)<\/strong><\/li>\n<li><strong>Sell 5 Sept $165 puts for $9.30 ($4,650)<\/strong><\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p style=\"padding-left: 40px;\"><strong>That\u2019s net $17,250 on the $60,000 2027 spread and, in our first 88\/571 days, we\u2019re selling $8,150 (47.2%) of our investment \u2013 which also brings our net cash outlay down to just $9,100 with an upside potential of $50,900 (559%) PLUS 5 more chances to sell $8,000 worth of puts and calls ($40,000!).<\/strong><\/p>\n<p><img decoding=\"async\" src=\"https:\/\/publish.finviz.com\/070525\/FId092023439i.png\" alt=\"Finviz Chart\" \/><\/p>\n<p>FI was involved in CRCL&#8217;s StableCoin so we played them rather than chasing CRCL on the day it got approved. Two weeks is a bit early to be evaluating but the Sept $180s are $8.50 ($4,250) and the Sept $165 puts are $5.15 ($2,575) which is a $1,325 profit so far so let&#8217;s call the basis $15,925 and the rest of the spread has the 2027 $165 puts at $17.50 ($8,750) with the $160 ($40.65)\/200 ($20.60) spread is net $40,375 for net net $24,800, which is <strong><span style=\"color: #339966;\">up a very nice $8,875 (55.7%)<\/span><\/strong> in two weeks with another <strong><span style=\"color: #339966;\">$44,075 (267%) left to gain<\/span><\/strong>.\u00a0<\/p>\n<p><strong>This is why we very rarely do naked calls &#8211; if our long-term spreads have good timing &#8211; we make PLENTY of profits in the short run &#8211; so why take risks we don&#8217;t need to?\u00a0\u00a0<\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong><span style=\"font-size: 16px;\">The first half of 2025 reveals truly remarkable results for our Members, demonstrating the power of disciplined strategy. With 39 winning trades against only 11 losing ones, and <span style=\"color: #339966;\">a substantial net profit of $355,948 already realized<\/span>, the approach has proven to be phenomenally successful. What&#8217;s even more compelling is the impressive <span style=\"color: #339966;\">$1,745,236 in remaining upside potential<\/span>, showcasing how strategically managed portfolios can generate significant returns.<\/span><\/strong><\/p>\n<p style=\"padding-left: 40px;\"><strong><span style=\"font-size: 16px;\">This performance underscores the value of having access to meticulously researched trade ideas and expert guidance that consistently position portfolios where upside potential far outweighs downside risk. For those not yet part of the PSW Community, these results highlight the tangible benefits of being connected to a strategy that is not only yielding impressive current profits but also poised for substantial future gains.<\/span><\/strong><\/p>\n<p style=\"padding-left: 40px;\"><span style=\"font-size: 16px;\"><a href=\"https:\/\/www.philstockworld.com\/amember\/signup\" target=\"_blank\" rel=\"noopener\"><strong><span style=\"font-size: 24px;\">Come join us inside<\/span><\/strong><\/a> and learn how to use Options + Fundamentals to drastically improve your trading performance!\u00a0<\/span><\/p>\n<p><iframe loading=\"lazy\" title=\"YouTube video player\" src=\"\/\/www.youtube.com\/embed\/GqK3sgDOxxY?si=M5UsC5QKUvGVPkUk\" width=\"800\" height=\"400\" frameborder=\"0\" allowfullscreen=\"allowfullscreen\"><\/iframe><\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Now we&#8217;re on schedule!\u00a0\u00a0 Our last Top Trade Review was for the 2nd half of 2024 and we did that on Jan 12th as we closed out 2024 with 36 winners (76%) and 16 losers for a net gain of $165,421 on the year and, of course, Jan 12th is an arbitrary date given what [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":12769650,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21,26305],"tags":[],"class_list":{"0":"post-12828664","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-available","8":"category-top-trades"},"_links":{"self":[{"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/posts\/12828664","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/comments?post=12828664"}],"version-history":[{"count":8,"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/posts\/12828664\/revisions"}],"predecessor-version":[{"id":12828762,"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/posts\/12828664\/revisions\/12828762"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/media\/12769650"}],"wp:attachment":[{"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/media?parent=12828664"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/categories?post=12828664"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.philstockworld.com\/wp-json\/wp\/v2\/tags?post=12828664"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}