Trade of the Week: M

Trade of the Week

Last week, in my 48-Hour Income service, we sold a cash-secured put on department store stalwart, Macy’s (M).

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.

M had earnings coming up the next day and its put option premiums appeared to be overpriced.

The stock climbed significantly higher than our strike price after earnings, so we are able to capture about 2.6% returns in around 2 days.

How to Make $14,592 per Year Trading Just Once per Week

If you want more stock income, but don’t want a second job analyzing charts or waiting months for a dividend, this 48-hour strategy is for you. It can generate up to $14,592 per year, takes just a few minutes each week, and is as easy as buying a dividend stock. Click here to see how this 48-hour strategy works now.