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Trade Results - HACK & BIG

Trade Results - HACK & BIG Hello Smart Option Sellers! We placed two new put-sell orders yesterday on HACK & BIG. With the stock market roaring out of the gate to a strong start, we were only able to get filled on a handful of the HACK trades while no such luck yet getting filled on BIG. The first few trades on HACK went across the tape between $.25 - $.29 per contract based on the Time & Sales report and the emails some of you sent to me. A total of about 170 contracts traded within our price range yesterday so we'll take the official mark at $.27 per. Here's what we did: Hack Cyber Security ETF (HACK) Sold (sold-to-open) the HACK June 2018 $26 put options for an official sale price of $.27 per contract as an opening transaction (sold-to-open). If you have not been filled yet, just keep your order working GTC at a sale price of $.25 per contract or higher. Some of you opted to sell the $27 put option for a bit higher price, but officially we're sticking with the $26 put option. Big Lots (BIG) We were not able to get filled yesterday at our price of at least $.25 per contract. The market for this put option never budged, and with the general stock market moving higher, there wasn't the need for the put option buyers to play with us. As stocks move up, put option prices move lower, so any put option buyers out there were probably thinking they can get cheaper prices if they wait. So at this point, we'll give it a few more days to see if stocks have any kind of pull-back. If they do, we should be able to get filled on our orders. As with the HACK trade, some of you opted to sell one strike higher with BIG and were filled on the $40 put option. For now, we'll stick with trying to get the $37.50 put option on BIG until otherwise noted. Keep your orders working "GTC". Here's the order again: Sell (sell-to-open) the BIG April 2018 $37.50 put options for a limit sell price of $.25 per contract or higher, GTC, as an opening transaction (sell-to-open). If you haven't been filled yet, don't let it discourage you. Stocks will undergo a pull-back and fills will come at that time. It's happened with many of our other open positions, In fact, I believe our Merck put-sell trade is still viable for any newcomers to Smart Option Seller. Patience does pay off.

 

Housekeeping A quick housekeeping note. As we enter our second year of existence with The Smart Option Seller newsletter, many of you came onboard with us last January when we launched. This was a great accomplishment for us, and once again, I want to thank all of you who not only joined from the beginning, but everyone else who signed up throughout the year. My expectations are high for this service, and I have no doubt that 2018 will be just as great for us as 2017 was. If you are on the annual plan, be on the look-out for your yearly charge coming from Paypal. If you are on the monthly plan, you are most likely well aware of the recurring charges. For those of you who gave referrals - thank you! Your discounted renewal rate will be reflected in your upcoming charge. Here's the specifics on the referral program for those not familiar with it. Looking forward to a great and prosperous 2018! That's all for now. Continue to contact me here Regards,

Lee Let's Grab That Cash!

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