Booking Our Profit!

Cashing in on a February Idea

We have run the income-generating strategy that we use at HX Income for the better part of five years.

Over that time, it has consistently generated income and profits for our readers with exceptional hit rates.

Most of the time, that is income that is "harvested" when the put options that have been sold expire.

Occasionally, however, we end up owning the stock.

The way the product is set up – this isn’t a bad outcome. We only recommend ideas that we think are great companies and that we would love to own the stock at a lower price.

Almost all these situations also work out positively. They just take a little longer than the options' expiration.

Today we are booking profits on our first ideas.

We thought the stock market overreacted with this all-time winning company, but we had an opportunity. 

The timing of the position meant that we ended up owning the stock, but now we are sitting on a nice profit. Now we are going to realize that profit.

Here is the update…

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