New Trade!

New Trade! Hello Smart Option Sellers! Verizon (VZ) We stick with what we know. VZ was a very successful play for us a number of times in the past, so we're going in again. It's hard not being a fan of the largest and most reliable mobile carrier out there, in my opinion. Mobile communications is already the wave of the future, and VZ is well positioned to keep its lead over the rest of the pack. The stock has pulled back a decent amount over the last month, and I feel it's getting to a low point that should enable us to jump into a new put-sell trade. There could be more downside to the stock, but at this point I feel it will be limited. Sure, we can wait to see if it happens, but what if it doesn't? I'd rather get in a little early than a little late. If the stock does keep falling a bit, it will allow all of us to attain good fill prices on the put-sells. Don't be afraid of a little stock movement. Here's what you can choose to do: Sell (sell-to-open) the VZ July 2017 $39 put options for a limit sell price in the range of $.25 to $.35 per contract, GTC (good-til-cancelled), as an opening transaction (sell-to-open). Remember the rules: 1. We are going to sell these put options as our trade. We

are not buying them. 2. Do not use a "market" order. Only use "limit" orders. 3. Don't be impatient with your order. "Work" your offer price a bit, meaning you can start at the higher end of the range I gave and if you don't get filled after a bit, you can start to lower your price. Currently, these put options have somewhat of a wide market of $.27 bid/$