Trade Alert: New Covered-Call Trades
We are recommending two new covered-call trades on shares of Embraer (NYSE: ERJ) and Philip Morris International (NYSE: PM).
We are recommending two new covered-call trades on shares of Embraer (NYSE: ERJ) and Philip Morris International (NYSE: PM).
On Friday, the CBOE Volatility Index (VIX) jumped 30% from 16 to 21, as the S&P 500 fell 2.7% for its largest single-day decline since the Liberation Day tariff turmoil in April. The surge in the VIX has pushed up options prices across the board, creating an opportunity to capitalize on juicy premiums available from selling covered calls.
In this issue, we’re doing something a little different: a full deep dive into the thesis behind today’s particular trade – because this story goes beyond just the bullish thesis behind the recommendation itself.
Today’s Trading Club alert gives our portfolio exposure to a long-term global safe haven and unloads shares of an energy company who faces political uncertainty.
Today’s Trading Club alert gives our portfolio exposure to a long-term global safe haven and unloads shares of an energy company who faces political uncertainty.
Each Friday, we provide an update on the current live tracking portfolio (as of the previous day’s closing prices), a summary of the last week of trading activity, and updates on any significant developments among the companies we have positions in.
On May 30, we launched The Trading Club to show subscribers exactly how safe trading strategies work using a live $100,000 trading account. As of Friday, August 15, we’re up 9.7% to $109,705 in the first 77 days, or a 55% annualized rate of return, with relatively low volatility along the way.
Today, Porter says: If you’ve never shorted a stock before, start small… just sell one share short. It’s a good way to learn how to profit from companies that are definitely going to collapse in a credit-default cycle. Don’t just watch your savings evaporate. Do something. And do it now.