Archive Category: Max Profit Alert (Alerts)

Shares of Urban Outfitters (URBN) have jumped more than 20% higher this morning in reaction to the company’s latest earnings report. This is a highly favorable move for us, as we just made a put-write trade on the stock on Tuesday. URBN’s rally all but guarantees we’ll walk away with a profit on this trade, though the puts we sold don’t expire until June 20, and there’s little sense in waiting that long to close the trade.

After clearing the decks last week, it’s time to begin populating our portfolio again! Today, I have two new put-write trades for you to establish. We’ll position ourselves to take advantage of elevated volatility in two stocks that are scheduled to report earnings over the next month.

Today, I’m doing something I’ve done only one other time in the 13 years I’ve run this service… I’m “clearing the deck” — bringing our total number of open positions down to zero. You’ll find detailed instructions below, but the actions I’m recommending are simple: close all open positions.

Today, I’ll share updates on the broader stock market, our bearish long-put positions and our bullish short-put positions. Then I’ll show you how to close out your short-put position on Hims & Hers Health (HIMS) – we’ve achieved over 90% of our profit objective in less than half the time we expected it to take. Let’s get to it!

I have another put-write trade for you today! This one positions us to collect more than $200 per contract, alongside the potential to purchase shares of the stock at a nearly 24% discount to their current price.