Market Update

Market Update

Hello Smart Option Sellers! I'd like to welcome some of our newer members who have recently joined us. We're glad you're with us and if you haven't already, spend some time reading the past alerts which you can find in the Archives of the Members-Only section of the website. And of course, read my Put-Selling Basics guide and the Quick-Start Guide which can help you get up to speed on what we do here at The Smart Option Seller. Welcome aboard! Southern Co. (SO) Just a reminder to everyone - we cancelled the Southern Co. put-sell order from last week. Please read last Thursday's alert if you did not see it. And if you still have the order working, please cancel it at this time. The instructions are listed below. Outright cancel your sell-to-open order on the SO November 2017 $39 put options. Earnings Season Yup, earnings season is upon us and you know what that means - more opportunities for us to enter new put-sell plays. We love earnings season as it allows us to take advantage of short-term slips in high-quality stocks. Many great companies will miss analyst's projections from time to time and the stock gets hit to the downside in an undeserved fashion. This is our chance to strike and sell put options when everyone else is panicking. Put option prices pop on these short blips lower in the stock which always<