Trade Update

Trade Update

Hello Smart Option Sellers! As mentioned in last Friday's alert, we were waiting on the outcome of the healthcare bill to see if it would pass through Congress. Obviously, we now know how that turned out. As expected, the market did pull back a little bit, giving us an opportunity to get filled on the Intel (INTC) put-sell order we placed last week. I've received numerous emails from Smart Option Seller members alerting me of your fill prices. So with that, we will mark this trade as official and begin to follow it. Intel Corp. (INTC) Here's what we did: Sold (sold-to-open) the INTC August 2017 $28 put options for an official sale price of $.25 per contract as an opening transaction (sold-to-open). I have also heard from a few more members who were able to get filled on the Merck (MRK) put-sell play as well. For those of you who have still not gotten filled on either trade yet, just keep your orders working "GTC". Update On Kellogg (K) We still have an open put-sell order on the Kellogg July 2017 $55 put option. Our sell range is between $.25 - $.35 per contract. I'm a little miffed that we haven't been able to get this one done yet, especially since the stock has been trending lower for the last few weeks (lower stock price = higher put option price). The put option still currently sits around $.15 per contract. I'm going to give this one a few more days, and if we don't get filled, I'll consider making a possible expiration month/strike price change. Unofficial Earnings Play I may have an unofficial earnings play for us tomorrow. This stock releases earnings after the close tomorrow March 29, so we'd have to get the trade done by close of business tomorrow. I'm waiting to see if the options will be cheap enough to make it a worthwhile play. If so, be on the look-out for the trade tomorrow morning. That's all for now. You can always contact us here. Regards, Lee Let's Grab That Cash!

Important Messages: 1. I'm on Twitter! What does that mean? It means I will be posting some of my thoughts from time to time on items related to investing, the stock market and how to be a smarter options trader. If you are already a Twitter member, please go to the website and click on the blue Twitter "Follow" button that you'll see along the top header. This way you can read my tweets and have instant access to some of my other thoughts. And don't forget to "like" or "re-tweet" my posts. This helps increase the public's awareness of the great things we're doing at The Smart Option Seller. Don't worry, no one in the public will have access to any of our trading ideas, nor will I post any of our current trades for free. 2. Don't forget to read my new "Put-Selling Basics" guide. It's a great refresher for both experienced and new traders. It's totally free. You can find it on the website or just click here to read. 3. Many of you are not taking advantage of our phone text alert messaging system. If you'd like to be notified on your mobile phone when a new alert is about to hit your email inbox, join our text alert system by typing in your first & last name and mobile number here: 4. 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. Your 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. 5. 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.

Smart Option Seller Portfolio

Important Notice: All opinions, recommendations and content published by Smart Option Seller, LLC ("Company" or "us" or "we") are solely for informational and educational purposes, and should not be considered personalized investment advice. Your use of any investment ideas provided by Company is your responsibility and should only be made after consulting with your investment advisor and reviewing the public filings and financial statements of companies you are considering for investment. We do not receive any compensation from companies we write about. By accepting a subscription to The Smart Option Seller newsletter, you acknowledge that all ideas discussed in the newsletter are solely for informational and educational purposes and you agree to hold harmless Company and all Company employees and representatives for any investment losses suffered by you arising from ideas discussed or recommendations made in the Smart Options Seller website or newsletter. You should not make any investment decision based solely on what you read in the Smart Option Seller newsletter. The information provided is obtained from sources which we believe to be reliable, but we do not guarantee the accuracy or completeness of any such information. We are not liable for any losses suffered by you as a subscriber. Past performance is not indicative of future results. Please plan accordingly. We expressly forbid our writers from having a financial interest in any security they personally recommend to our readers. All of our employees and agents must wait 24 hours after on-line publication or 72 hours after the mailing of a printed-only publication prior to following an initial recommendation. Company is not a broker, dealer or investment adviser. In addition, our employees may answer your general customer service questions but they are not licensed under securities laws to address your particular investment situation. No communication by our employees to you should be deemed as personalized investment advice. See our full Terms-of-Use here

Recent Posts
Archive

THE SMART OPTION SELLER

©2016-2020 Smart Option Seller                Lee Lowell