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Today I want to address the two positions which have March options expiring today.

The expiration of our February covered calls is today, and we have two positions (KSS and SNAP) that are deep-in-the-money and will almost certainly be called away for maximum gains (great scenario) and another (AA) that is just in-the-money and likely to be called, but it will come down to the close (good scenario).

Tomorrow is the expiration of June options and we are going to close five positions for full profits ranging from 9.75% to 17.64%.

It was another fantastic month for the Cabot Profit Booster portfolio, and with today being the expiration of July options we are likely going to close seven positions for full profits ranging from 5.4% to 12.3%.

Tomorrow is the expiration of five of our September covered call trades. It was another great month for the Cabot Profit Booster portfolio!

We are raising our price target on shares of Jeld-Wen (JELD) to 28 from 25.

The expiration of our January covered calls is today, and we have one position (UBER) likely to be called away for maximum gains (great scenario) and another (ADNT) that is too close to call and will likely come down to the close (good scenario).

Our covered call ideas for the October expiration cycle are on their way to yielding us another solid month of profits ranging from 7.88% to 17.41%.

We are raising our price target on ViacomCBS (VIAC) from 54 to 65 and moving to HOLD.

Several of our stocks have reached/exceeded our price targets, so we are making changes to several of our ratings:

We are raising our price target on General Motors (GM), following our review as the shares have surged through our 49 price target, to the mid-50s.

Following testimony from the Federal Reserve Chairmen on Wednesday there has been wild rotation in the markets, which has impacted some of our positions expiring today.

We are moving Peabody Energy (BTU) and Weyerhaueser (WY) to Sell.

The expiration of our May covered calls is this Friday, and several of our positions are trading below the strike price of our covered call options (CLF, LEVI, HOG), though it’s a close call, and a totally fine situation.

The expiration of our April covered calls is tomorrow, and our positions are working very well, though several are now trading below the strike price of our covered call options.

On Friday our five May covered call positions expired.

We are moving Volkswagen AG (VWAGY) to a SELL.

We are raising Duluth Holdings (DLTH) price target to 17.50 from 15.

The market remains in a normal consolidation phase, and most of our stocks look fine.

We’re putting a little cash back to work tonight, buying a half-sized position in this application performance management stock, which will leave us with around 23% on the sideline.