Profit Time!
- Issue #198 | By Lee Lowell
- Feb 16, 2018
- 1 min read
Profit Time! Hello Smart Option Sellers! Glaxosmithkline (GSK) We currently have a put-sell position on GSK that has reached our "80% Rule" threshold. This rule states that we will buy back a put-sell position when the option price has decayed 80% from where we sold it. That price is now attainable with GSK. Here's what you can choose to do: Note: If you have this put-sell position in your account, then you will execute the buy-back order today. If you don't have the position, then you can disregard these instructions. Buy back (buy-to-close) all of your GSK March 2018 $32 put options for a limit buy price of $.05 per contract, GTC, as a closing transaction (buy-to-close). Currently, this put option has an offer price of $.05 per contract, so let's scoop those up. If you don't get filled today, just keep your order working "GTC". Get those orders in now and let us know how you do. I'll be in touch later today with another alert. That's all for now. Let us know how you do. Continue to contact me here Regards,
Lee Let's Grab That Cash!
Recent Posts
See AllYear End Message Hello Smart Option Sellers! I hope everyone has enjoyed this holiday season. Well, another year has come and gone....
Profit Time! Hello Smart Option Sellers! Hope everyone's enjoying these last few days of 2019. As much as I wanted to take extra...
Monday Update Hello Smart Option Sellers! Hope everyone had a good weekend. We have a shortened trading week with the markets...