We'll try again on three covered calls before the holiday

Homepage Portfolio FAQ Trade Alert: Jump on 3 Instant Dividends Before the Long Weekend Ultimate Income members have no put or call options due to expire this Friday. But there is plenty of action in store over the next few weeks with multiple expirations coming up. We should be able to roll several of these trades for more instant-dividend income a bit sooner than expected. In the meantime, members were most likely not filled selling covered calls on Coca-Cola (KO), Organon (OGN), and Archer-Daniels Midland (ADM) last week. And since we have a long weekend coming up with markets closed Monday for Labor Day, let's jump ahead of the curve with new trades on each to earn more cash income right now. Here's what to do. Cancel your previous orders to sell calls on KO, OGN, and ADM, and place the following new trades. Action to Take... 1. Sell to open the KO Oct. 20, 2023, $62.50 call option at a limit price of $0.25 or more, good 'til canceled. 2. Sell to open the OGN Oct. 20, 2023, $25 call option at a limit price of $0.20 or more, good 'til canceled. 3. Sell to open the ADM Oct. 20, 2023, $87.50 call option at a limit price of $0.30 or more, good 'til canceled. Place these trades right away, enjoy the long weekend, and stay tuned for more Ultimate Income updates and trade alerts coming your way soon. Good investing, Mike Burnick Senior Analyst, Ultimate Income Customer Support: 866.385.2076 | support@tradesmith.com Mailbag Questions ©2023 TradeSmith, LLC. All Rights Reserved. Protected by copyright laws of the United States and international treaties. Any reproduction, copying, or redistribution (electronic or otherwise, including on the world wide web), in whole or in part, is strictly prohibited without the express written permission of TradeSmith, LLC. This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as researchers and writers. Our work may contain errors and should not be considered personalized investment advice. TradeSmith, LLC does not issue securities recommendations, and no discussion of a particular stock(s) should be interpreted as such. Past, simulated, and/or hypothetical performance of any strategy published by TradeSmith, LLC should not be interpreted as representational of future returns. You shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. TradeSmith P.O. Box 340087 Tampa, FL 33694 Terms of Use Privacy Policy To unsubscribe or change your email preferences, please click here.