Hello Smart Option Sellers! Let's go over the results from our two new put-sell trades from yesterday. AT&T (T) We had no problem getting filled on this new put-sell position yesterday. Most of the fills reported by our members occurred between $.26 to $.28 per contract, so we're taking the official mark at $.27 per. Here's what we did: Sold (sold-to-open) the T October 2017 $31 put options for an official sale price of $.27 per contract as an opening transaction (sold-to-open). If you have not placed this order yet, make sure you enter it as "GTC" (good-till-cancelled) within the range I gave.
Alcoa (AA) There were only a handful of trades that went across the tape at $.25 per contract yesterday and luckily a few Smart Option Sellers were able to get filled. Although we'll officially be following this trade, I understand that many of you were not able to get on board. This is a bit frustrating because the put option had a $.25 bid as I was writing up the alert yesterday so I knew the possibility of getting filled was very high. But in that short lag time between me sending out the alert and you receiving it, AA stock rallie