RILY - 5 Ways We Generated Option 'Income' With Opportunities Going Forward
2024-07-22 03:24:13 ET
Summary
- We had five put writing trades that expired worthless this month: SCHD, NEE, O, T, and B. Riley Financial.
- The market rally after the CPI report helped to lift these types of stocks, as it looks like the Fed can cut rates this year.
- We take a look at a number of different potential trade ideas going forward to bring in even more option 'income.'
Written by Nick Ackerman
With the latest options expiration for this month, we have five trades concluding, all of which have expired worthless. All five of these trades were also put writing trades, which were on Schwab U.S. Dividend Equity ETF ( SCHD ), NextEra Energy ( NEE ), Realty Income ( O ), AT&T ( T ) and Stanford Chemist's idea on B. Riley Financial ( RILY )....
5 Ways We Generated Option 'Income' With Opportunities Going Forward