Market Update and Friday Q&A
Hello Smart Option Sellers! The market continues its upward march. So much for my thoughts that we'd see a pull-back within the first few weeks of President Trump's move into the White House. Anyway, as stocks move up, put option prices go down. That bodes well for our current put-sell positions as we can reach profitability that much quicker. Remember, we can lock in gains by buying the put options back cheaper than what we sold them for. That's how we make our profits. All four of our positions are in the black (BMY, TGT, GPS & VZ). Although the option prices for our positions are now out of range, any newcomers to our service can still place "GTC" orders and wait to see if you get filled. If it doesn't happen, there will always be more trades coming from me down the pike. For those of you who do have these positions, continue to hold as-is. Friday Q&A I try to use Fridays as our day to answer most non-pressing questions, so if you have a concern, comment, feedback or question, just send it in! Looks like everyone's all set because I have nothing for today. I guess that's a good thing. Well, that's all for today. Have a great weekend everyone! You can always reach us here: Regards, Lee Let's Grab That Cash! P.S. Don't forget to read my new report: Put-Selling Basics. It's free!
Smart Option Seller Portfolio
Housekeeping I plan to use this housekeeping space to give updates on website and member-related information. Some of it will remain fixed and some will be a one-time mention. 1. We now have our text messaging system in place. If you'd like to be notified on your mobile phone when a new alert is about to hit your inbox, join our text alert system by typing in your first and last name and mobile number here: You should then receive a welcome message from me. You can disregard the message that states how many messages you will receive per month. That's just for legal purposes and has no bearing on how many messages you'll actually receive from me. All other text messages you'll receive will just be a head's up that a new alert is about hit your email. For our international members, I'm working on plans to get you included for text messaging. I haven't forgotten about you! 2. All alerts will be archived on the website under the "Archive" section which you can find along the top menu of the website. If you are a new member, please use this section to read past alerts to see what we've been doing. This is a password-protected area for Smart Option Seller members only. The password to enter this area is smartoption. Please write this password down and keep it in a safe place. You will need it to access the Archives. 3. Don't forget about our Referral Program. See details here: As always, if you have any questions, comments or feedback, please let us know. Thank you! You can contact us here.
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