Market Update And Friday Q&A

Market Update Hello Smart Option Sellers! Happy Friday! I'd like to welcome some of our newer members to The Smart Option Seller family. If you've recently joined us, take some time to read through the Archives which you can find in the Members-Only section of the website. This will give you an idea of how things operate and what kind of trades we get involved with (put-selling, of course!). You should check the Current Portfolio for our open positions too, which will give updated stats on each trade. You can decide if you want to enter, if they are still viable at that time. As of now, we have a few trades that you can still get involved with if you don't already have a position. At this point, you will most likely be able to get in at prices better than our official entries. For those of you who already have a stake, I don't recommend increasing your position size unless you want to. If anything, you can look to use a lower strike price on the put option to give you more cushion against potential future downside action. Remember, option prices fluctuate up and down just like stock prices do. We can see our put option positions move into and out of profitability over the life of the trade. This is no cause for alarm. For some of you who may have never traded options in this fashion, it can be enlightening and eye-opening to see how the trades work from inception to conclusion. The good thing is that we have time and probability on our side as far as the trades working in our favor. For any of you who were with me back in The Instant Money Trader days (my service from 2008-2016), we never once had to fulfill our agreement and buy the stock at expiration. Part of this was due to the stock either never falling to strike price level, and part of it was due to