Trade Updates - We Got Some Fills!

Hello Smart Option Sellers! Good game yesterday, huh? I had no vested interest in either team, but still enjoy seeing a thriller. Congrats to the Eagles. Trade Update - We've Got Some Fills! As mentioned in Friday's alert, the sell-off was our opportunity to hop into two new trades on stocks in which we already hold positions - MRK & GSK. We were able to get filled no problem, and we even lowered our risk in these trades by using strike prices that are lower than our current ones (more safety!). Let's go over the results. Glaxosmithkline (GSK) Fill prices came in between $.25 - $.30 per contract on Friday, with a good amount towards the higher end, so we'll take our official mark at $.28 per. Here's what we did: Sold (sold-to-open) the GSK June 2018 $31 put options for an official sale price of $.28 per contract as an opening transaction (sold-to-open). As of now, the market for this put option is still strong, currently showing a $.30 bid/$.40 offer, so if you haven't placed this trade yet, you can still do so at excellent prices. Merck & Co. (MRK) The MRK put option traded in almost the same range: $.25 - $.32 per contract, but most of them came around the $.27 mark, so that'll be our official price. Here's what we did: Sold (sold-to-open) the MRK July 2018 $45 put options for an official sale price of $.27 per contract as an opening transaction (sold-to-open). Currently, this put option has a $.26 bid/$.30 offer, so if you haven't placed this trade yet, you can still do so at current prices. Southwest Airlines (LUV) And, we even got filled today on our LUV play from the week prior. Here's what we did: Sold (sold-to-open) the LUV June 2018 $42.50 put options for an official sale price of $.25 per contract as an opening transaction (sold-to-open). Currently, this put option has a $.25 bid/$.30 offer, so if you haven't placed this trade yet, you can still do so at current prices. Well done everyone! We have to take advantage of these blips down in the market because we don't seem to get very many. At the open this morning, it looked like we'd have another big down day, but during the time I was writing this alert, the market has completely turned around and has moved higher. I guess everyone wants to buy the dips? I don't think we've seen the end of the selling yet, but we'll continue to play what the market gives us. As of now, we only have one unfilled trade - LLY July 2018 $60 put-sell. Continue to work "GTC". That's all for now. Continue to contact me here Regards,

Lee Let's Grab That Cash!

Current Portfolio Continue to work all other trades as instructed and continue to hold all other open positions as-is. See the Current Portfolio below for current prices & instructions. Note on the Current Portfolio - if you are a new subscriber and don't have a position yet on any of our trades, make sure you enter your order at the original recommended sell prices. Do no enter any order unless the current option price is at, or higher, than the official recommendation. If you are unsure or have any questions, please ask us!

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