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Time to Take Profits on This REIT Trade

Action to Take

  • If you haven’t already done so, sell-to-close your BXP January 19, 2024 $65-$60 Put Spread position.

Here’s a quick alert to draw your attention to our most recent triple-digit profit.

During yesterday’s session, our BXP January 19, 2024 $65-$60 Put Spread recommendation traded through our $3.60 profit target and we removed it from the portfolio for a 128.89% profit.

If you were following along and had your order in place, you should be out of the recommendation and sitting on a fresh triple-digit profit.

Action to take: If you haven’t already done so, sell-to-close your BXP January 19, 2024 $65-$60 Put Spread position.

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.

Now let’s check in on our outstanding positions, profit targets, and protective stops. Today, we’re updating our instruction on the following two recommendations: TSLA December 15, 2023 $225/$220 Put Spread and NFLX December 15, 2023 $395/$390 Put 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 $13.00.
  • 3M Company (MMM): HOLD

Options:

  • SLG November 17, 2023 $25/$20 Put Spread: Plan on exiting the position at $4.00 or more.
  • CBRE December 15, 2023 $75/$70 Put Spread: Plan on exiting the position at $4.20 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.
  • MET January 19, 2024 $62.50-$60 Put Spread: Plan on exiting the position at $1.60 or more.
  • PACW January 19, 2024 $7-$6 Put Spread: Plan on exiting the position at $0.45 or more.
  • SLG January 19, 2024 $35-$30 Put Spread: Plan on exiting the position at $3.50 or more.
  • WAL January 19, 2024 $47.50-$45 Put Spread: Plan on exiting the position at $1.80 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.

 

Cheers,

Shah