The Year Of WWAD

Over the past few years, my mom has made it a habit to jot down all the major events taking place in our lives and then boil them all down to one big idea. Usually, she reveals her annual summaries when we’re all together over Christmas.

For example, 2020 was my “Year of Big Things,” and included…

A wedding (a big event)…
A move across the country (a big decision)…
The purchase of a new Jeep (a very big car)…
A global pandemic (a big disaster)…
And buying my first house (a big life milestone).

My mom’s “Year of” is a fun tradition, and it’s a great opportunity to not only look back on the year that was but to look forward at what we want to take from the coming year.

That’s something I’ve been noodling on a lot since Amber asked me to take her place at the helm of Income Trader.

Amber and I have been through many years together, and it doesn’t matter how long I’ve known her, I am still constantly marveling at everything that has happened in her life and how inspiring she is.

For example, one year, she received a midnight call from Child Protective Services asking if she could take in a baby who needed immediate placement. Of course, Amber didn’t hesitate, and she not only fostered the child (per the original request), she ended up adopting him. This was just a few years after she had gone through the difficult process to adopt a boy from Bulgaria.

And that’s not even the end of the story. A few years after that phone call from CPS, she received another call. The infant sibling of that boy also needed a loving home. And so she took him in, too.

Y’all… as someone who is currently going through the process of caring for newborn twins, I just have to say that Amber’s decision to go through all those diapers and sleepless nights that many times… it amazes me. Amber is truly amazing.

But that’s not all that is amazing about Amber. She served our country. She runs long-distance events with a 40-pound rucksack on her back… to benefit veterans. She’s incredibly smart and a fantastic teacher, something I’ve had the immense privilege of benefitting from. And she certainly doesn’t let anyone underestimate her.

All of that is why 2022 is going to be my “Year of WWAD” (What Would Amber Do).

It may seem like an odd choice at first, but it’s a question that always leads to the right answer.

When someone calls and asks for help, what would Amber do? She’d say, “I’ll be right there.”

When the going gets tough, what would Amber do? She’d keep on going. The only way through it is through it.

When the twins are waking up at 11 p.m. and 1 a.m. and 4 a.m., I know what Amber would do, because she has done it time and time again. She’d push through those sleepless nights and give those boys all the love in her heart and STILL give it her best throughout the day.

When Amber told me she was ready to hang up her hat, I was happy for her but a little sad for me. We’ve worked side by side for nearly a decade, and the experience has been incredibly rewarding. And when she told me she wanted ME to take her place, I was so complimented… but also nervous that I wouldn’t live up to her stellar performance.

And so I asked myself, “What would Amber do?” And then I knew that I was ready to rise to the challenge.

So, hey there, everybody. My name is Meredith Margrave, and I am thrilled to step up to the plate. I have a feeling it’s going to be a great year!

Introductions aside, let’s get to what y’all are really here for… the meat and potatoes of it all. This week’s trade.

When I ran the Income Trader screens this week, a handful of tickers popped up. But after crossing out the companies that will be reporting earnings this week and next, as well as the ones that didn’t have options meeting our return threshold, I was left with just one name… but one that’s perfect for our current economic climate.

That name? Dollar Tree (DLTR).

Even though prices have soared since the company opened in 1986, everything offered is still just about $1. The Dollar Tree segment offers its merchandise (candy, foods, household supplies, toys, candles, greeting cards, etc.) at a fixed price of $1.25. The Family Dollar segment is very similar, offering many of these same goods for $1 or less, as well as additional items like clothes and beauty products that are still priced below $10.

As of the beginning of 2022, there are just over 8,000 Dollar Tree stores located in North America, as well as another 8,000 Family Dollar stores.

Whether or not you believe we’re already in the midst of another recession, between sky-high grocery prices and $5/gallon gas, betting on dollar chains is a smart choice. These stores tend to thrive during hard economic times, like the Great Recession in 2008. From the start of that recession to its end in mid-2009, DLTR gained 48% while the S&P 500 dropped more than 35%.

Additionally, DLTR is on an ITV “buy” signal, which means it’s an optimal time to sell put options.

To minimize our risks, I am recommending a short-term trade that is protected by meaningful technical support at $135. As always, this option will expire before the company is scheduled to announce earnings, which means we shouldn’t have any big news events to contend with.

The point is, trading options could be a way to increase your income by hundreds or even thousands of dollars every month. But you need to know the ropes before making trades. That’s where my premium Income Trader service comes in…

Each week since February 2013, I have provided my subscribers with low-risk put selling opportunities. And so far, more than 90% of my trades have been winners.

I recently sat down with my publisher for a tell-all interview to explain how it all works.

You can go here to check it out now!