Locking In More Profits

Locking In Gains - Five Below (FIVE) Hello Smart Option Sellers! We currently have a put-sell position in FIVE that I want to see if we can close it down. At the moment, FIVE stock is almost $30 (yes $30!) above our strike price and it expires in two months from now in May. Having a stock $30 above your put-sell strike price is like music to your ears (and eyes!) as it's a scenario that makes for easier profit-taking. Our strike price in this trade is $39 and FIVE is currently near $68.20. Here's the current chart. There's no guarantee that we will get filled today, but I want to see if anyone will bite. 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 FIVE May 2018 $39 put options for a limit buy price of $.05 per contract, DAY-ONLY, as a closing transaction (buy-to-close). Currently, this put option is offered at $.10 per contract with no bid showing. We will be putting in a $.05 bid to see if anyone will trade with us. This is NOT a GTC order. Make sure you place is as a DAY-ONLY order as I don't want our bids sitting out there if no one trades with us today. With the DAY-ONLY order, it will automatically cancel itself at the end of the trading day if you are not filled. If we don't get filled today and I feel it's worth putting the order in again tomorrow - we will. Get those orders in now and I will go over the results tomorrow. That's all for now. Continue to contact me here Regards,

Lee Let's Grab That Cash!

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