This is one of the two weeks a year where Cabot Top Ten Trader is not published, which means there won’t be a new Profit Booster covered call trade this week. That being said, I did want to note that our four open positions (AA, UBER, ADNT, CDE) are all in good shape.
Cabot Profit Booster 155
This is one of the two weeks a year where Cabot Top Ten Trader is not published, which means there won’t be a new Profit Booster covered call trade this week. That being said, I did want to note that our four open positions (AA, UBER, ADNT, CDE) are all in good shape.
Also, I wanted to look back on our first year of Cabot Profit Booster … and I’m happy to report the strategy exceeded even my wildest expectations!
Week after week, month after month, Mike Cintolo picked the best stocks, and we sold covered calls on these stocks, creating nice profits/yields, while reducing the risk in buying the stock outright.
That isn’t to say that every trade worked (that is almost impossible), but as the graphic below shows, outside of the once in a lifetime Coronavirus March sell-off, the Cabot Profit Booster portfolio worked nearly flawlessly.
Open Positions
The next Cabot Profit Booster issue will be published on January 5, 2020.