Starting 2018 Right - Two New Trades!

Hello Smart Option Sellers! Happy New Year! The stock market is starting 2018 right where it left off in 2017 - moving higher. But that won't stop us from hitting the ground running with two new put-sell trades. So let's get to it. Hack Cyber Security ETF (HACK) An old friend of ours, we've already played HACK successfully two times in 2017 and we're going in again for 2018. One of the themes here is that you'll see us constantly recycling old trades over and over again. Why not, right? If it works for us, we'll continue to go back to it. Cyber security is no joke and it's a major and constant threat to all businesses world-wide. I don't foresee that threat going away anytime soon, so having exposure to an ETF that holds the major cyber security firms is a great investment. HACK holds cyber security stocks such as Symantec (SYMC), FireEye (FEYE), Palo Alto (PANW), and Fortinet (FTNT), to name a few. It's a must for all investors to have exposure to a piece of this sector. So here's what you can choose to do: Sell (sell-to-open) the HACK June 2018 $26 put options for a limit sell price of $.25 per contract or higher, GTC, as an opening transaction (sell-to-open). Currently, the market for this put option is $.25 bid/$.85 offer - clearly very wide. That's probably just a function of it being the first trading day of the year and everyone could be a little sluggish right now. The real market is probably more like $.25 bid/$.40 offer. Let's make sure we start the year right and get the best possible sell prices as possible. I would suggest entering your trade at an offer price of $.30 per contract to start to see if anyone will bite. If not, then you can adjust your sale price down to $.25 per contract. Why sell at $.25 if you could possibly sell it at $.30 per contract. Right? Let's be smart and get the most we can. Right now, HACK stock is trading at $32 per share, which would give us a $6 per share cushion, or an 18.75% buffer. Big Lots (BIG) You know I'm a big fan (pun intended) of the discount retailers. Why?