Archive Category: Max Income Alert (Alerts)

Qualcomm (QCOM) is a San Diego-based technology company best known for supplying chips for Android phones and earning recurring revenues from licensing deals for its wireless technology patents. More recently, the company bought chip designer Ventana Micro Systems and is moving into robotics … a sign that management is keen to remain on the frontier of technologies orbiting the AI mega trend.

Over the past few weeks, I’ve been following what could become one of the biggest combined projects in artificial intelligence, advanced semiconductors and space infrastructure. This research has culminated with four new special reports, SEVEN total recommendations, and something I’ve never done before in Max Income Alert…

Good news … it’s time to close out both of the open put-write positions we’re holding. You should net around $360 from the two, assuming you sold just one contract on each. Of course, finance is a game of zeroes …

A few weeks ago, we took some downtime to discuss why we exit put-write trades “early,” rather than waiting for them to expire. You can review that issue here. The benefit of keeping the trade open longer is that, much of the time, we could watch the contract expire worthless, thereby increasing the amount of profit, in dollar terms, we capture.

Last Tuesday, we initiated two new put-write trades – one on ServiceNow Inc. (NOW) and the other on Bloom Energy Corp. (BE). We’re still holding the NOW trade, and there’s nothing you need to do with it at the moment … On the other hand, it took us only two days to lock in an annualized rate of return of 140% on the BE trade … making for our 41st consecutive winner with this strategy!