Trade of the Week: CCL

Trade of the Week

Last week, in our 48-Hour Income service, we sold a cash-secured put on cruise line company, Carnival (CCL).

In 48-Hour Income, the goal of the service is to generate 1% to 3% returns per week by selling 2-day puts in certain stocks.

CCL had earnings coming up in a couple days and its options premiums appeared to be overpriced.

The stock didn’t drop below our strike price after earnings, so we are able to capture about 2% returns in around 2 days.

Up to $300 per Week Using This 3-Step Income Checklist

As long as you follow this 3-step checklist, you can feel confident you’re executing this strategy correctly:

1. The stock is under $15 (no more than $1,500 in capital required).

2. Positions are never held longer than 2 trading days.

3. Minimum target of 2% cash return per weekly trade.

Click here to see how applying this checklist to your account can hand you up to $300 per week.