by Michael Shulman | Aug 18, 2018 | Income, Options, Options Income Blueprint, Weekly Paycheck
It was a good 5 days for “weekly paycheck” option sellers. We closed 4 “weekly paycheck” trades last week for almost $300 trading one contract. Western Digital – ( ), the Apple ecosystem stock, led the way. Two weeks ago we sold a WDC $87 monthly put...
by Michael Shulman | Aug 15, 2018 | Income, Options, Weekly Paycheck
Selling weekly options is an ideal strategy for creating an extra “paycheck” every Friday! Why? First, by selling a weekly put option you act like the “house” in a casino. As the option seller, you collect a cash premium up front from the buyer who takes the risk and...
by Michael Shulman | Aug 13, 2018 | Income, Market Commentary, Weekly Paycheck
We like to collect cash selling weekly put options. But sometimes it pays to be patient and collect even more cash over time selling covered calls. That’s the trade we closed recently … using one stock…making two simple trades.. and collecting $1,000 in profit. Micron...
by Michael Shulman | Aug 12, 2018 | Income, Options Income Blueprint, Options Selling Strategies, Weekly Paycheck
The biotech sector has long been a sector where traders and investors chase big profits from these “aggressive growth” stocks. Believe it or not, in the last several years the biotech sector has become a “safe haven” for income generation…if you know where to look. In...
by Michael Shulman | Aug 11, 2018 | Income, Options, Weekly Paycheck
Income investors love to sell options for an extra weekly cash payday … But there are some weeks when the cash piles up even faster…like in 24 hours or less. Last week we closed out one of those “24 hour cash wonder” trades for a nice easy profit. EOG Resources (EOG)...
by Michael Shulman | Aug 10, 2018 | Income, Options Income Blueprint, Weekly Paycheck
We continue to see wild swings in the market that seem to negatively impact stocks across the board. One stock that is holding up well is liquefied natural gas supplier Cheniere Energy (LNG). The stock is somewhat speculative but the company is not and can be traded...
