Trade Alert 6/20/2025

A few changes as we move into monthly expiration today. We updated all of our June trades in the newsletter sent out on Monday. Things have gone pretty much as expected with the exception of EQT, which has rallied further. We are adjusting it and OXY which was expected. Sell to close:  OXY June 20th (monthly) 42.50 strike call Credit: 3.15 This locks-n a nice profit of +$245.00 in this 1×2 call spread The 47.50 calls should expire OTM this weekend We are rolling out and down on our EQT covered calls (selling ITM) as follows: Buy to close:  EQT June 20th (monthly) 60.00 strike call Sell to open: EQT Aug 15th (monthly) 55.00 strike call Credit: 6.60 Finally, we have sold a put to get back into CCJ as follows: Sell to open: CCJ July 18th (monthly) 60.00 strike put Credit: 0.50