Trade Results - Verizon

Trade Results - Verizon (VZ) Hello Smart Option Sellers! Well, we were able to get filled on yesterday's new put-sell trade on VZ. Smart Option Sellers were able to get filled.between $.25 - $.28 per contract, and with VZ stock dropping in the last 20 minutes of the session, the put option went out with a $.27 bid/$.30 offer, so we'll take the official mark at $.27 per contract. Here's what we did: Sold (sold-to-open) the VZ July 2018 $39 put options for an official sale price of $.27 per contract as an opening transaction (sold-to-open). If you have not placed this order yet, or did not get filled yesterday, you can still do so at current prices. As I type, the stock is lower again, and the market on the put option is now $.28 bid/$.39 offer. The market seems to be stabilizing a bit, but don't let that catch you off guard. Big moves like this can still generate some fear, so be prepared for more possible downside action. I've got a few more stocks on my radar, but their earnings come out next week. I'd rather wait until the numbers are released in case they disappoint. This will allow us to get in at even better prices. That's all for now. Continue to hold all other trades as-is. Continue to contact me here Regards,

Lee Let's Grab That Cash!

Recent Posts