HX Income - Position Update

Our strategy here at HX Income has been around for almost five years.

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

Most of the time, it 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 great companies 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 two of these ideas.

The first is a fantastic growth company with a great balance sheet. Recently, the company stumbled, and we sought to take advantage. It took us longer than we would like, but we can now cash in on our position for a profit.

The other is one of the world's largest and most successful companies. It has faced some recent controversy, and we also looked to take advantage of the situation. It didn't happen before the options expiration but only took a little longer.

We also are going to move the “sell up to” price on last week’s HX Income idea.

One note for readers – these moves now mean HX Income has had a 100% hit rate since launching in February 2024. Not a single position has lost money.

We won’t always be perfect but we aim to be as close as possible!

Here are the updates…

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