Daily Stock Market News

UPS Options Trade on Ex-Dividend Rally Setup

-1.13%current return

"UPS, our little buddy UPS here... Today, a little bit of a drop, but very explainable because today is ex-dividend date. So we are entitled to another dividend of $1.64. With this dividend, my break even will come down to $115. I'll take this."

The speaker describes an options trade setup for UPS. The stock is trading lower on the ex-dividend date, which provides a dividend of $1.64 that effectively lowers the break-even price to $115. The plan is to wait for a rebound in UPS prices and then sell calls to capture further premium, making it a tactical trade for options traders.

Halliburton Rescue Mission via Call Selling

+16.80%current return

"I am still trying to fly a rescue mission at the $20 level. Did it last week. Expired worthless. So right now, my cost base is at $30.50. My break even at $27.17. Still planning to bring this down a little bit so that as soon as we pop up here, towards the $27.28 level, we can start selling calls again."

The speaker outlines an actionable options strategy on Halliburton (HAL), noting that after a failed $20-level attempt, the current cost base is $30.50 with a break-even at $27.17. The plan is to lower the cost basis and initiate call selling when HAL reaches approximately $27.28, suggesting a tactical rescue mission trade in anticipation of a rebound.