Taking These Profits Gives Us Five Triple-Digit Wins in the Last Seven Sessions
Actions to Take:
- If you haven’t already done so, sell-to-close your CBRE December 15, 2023 $75-$70 Put Spread position at market.
- If you haven’t already done so, sell-to-close your MET January 19, 2024 $62.50-$60 Put Spread position at market.
It took a little longer than I expected for the combination of high interest rates and a weaking commercial real estate (CRE) market to start affecting CRE-related stocks – but that’s starting to change, and it’s changing in a big, and very profitable way!
Over the last seven sessions, we’ve banked five triple-digit winners, all of which are tied to the CRE market.
Most recently, our CBRE December 15, 2023 $75-$70 Put Spread and MET January 19, 2024 $62.50-$60 Put Spread recommendations traded through their respective profit targets of $4.20 and $1.60 and we removed them from the portfolio for 200% and 105.13% gains, respectively.
If you were following along and had your orders in place, you should be sitting on your fourth and fifth triple-digit profits of the last seven sessions.
Congratulations to everyone who was following along. Feel free to drop me a line at shah@totalwealthresearch.com and let me know how you did.
Actions to take:
- If you haven’t already done so, sell-to-close your MET January 19, 2024 $62.50-$60 Put Spread position at market.
- If you haven’t already done so, sell-to-close your CBRE December 15, 2023 $75-$70 Put Spread position at market.
Now let’s check in on our outstanding positions, profit targets, and protective stops. Today, we’re updating our instruction on the following recommendation: ECL December 15, 2023 $160-$165 Call Spread.
Stocks & ETFs:
- ZIM Integrated Shipping Services Ltd. (ZIM): HOLD
- Benson Hill, Inc. (BHIL): HOLD
- Devon Energy Corporation (DVN): HOLD
- Black Stone Minerals, L.P. (BSM): HOLD Plan on adding the second half of the recommendation at $16.00.
- 3M Company (MMM): HOLD
Options:
- SLG November 17, 2023 $25/$20 Put Spread: Plan on exiting the position at $4.00 or more.
- MET December 15, 2023 $50/$45 Put Spread: Plan on exiting the position at $4.31 or more.
- BXP December 15, 2023 $55/$50 Put Spread: Plan on exiting the position at $4.76 or more.
- WAL December 15, 2023 $35/$25 Put Spread: Plan on exiting the position at $9.38 or more.
- FLR January 19, 2024 $35-$32.50 Put Spread: Plan on exiting the position at $1.70 or more.
- SLG January 19, 2024 $35-$30 Put Spread: Plan on exiting the position at $3.50 or more.
- TBT January 19, 2024 $35/$30 Put Spread: Plan on exiting the position at $4.73 or more.
- ROP November 17, 2023 $490/$500 Call Spread: Plan on exiting the position at $9.50 or more – or if shares of ROP trade down to $470.00.
- WFC December 15, 2023 $40/$37.5 Put Spread: Plan on exiting the first half of the position at $1.39 or more.
- TSLA December 15, 2023 $225/$220 Put Spread: Plan on exiting the first half of the position at $4.45 or more – or if shares of TSLA trade up to $230.00.
- NFLX December 15, 2023 $395/$390 Put Spread: Plan on exiting the first half of the position at $2.30 – or if shares of NFLX trade up to $425.00.
- ECL December 15, 2023 $160-$165 Call Spread: Plan on exiting the position at $3.25 – or if shares of ECL trade down to $155.00.
Cheers,
Shah