Trade Update - FIVE
Trade Update - Five Below (FIVE) Hello Smart Option Sellers! Yesterday we placed a DAY-ONLY buy-back order on FIVE that did not get filled. If you followed the instructions, and since it was a DAY-ONLY order, your trade should have cancelled out at the end of the day. At this point, we will not be re-submitting the order. We're going to wait another week or two on this one and we'll re-assess at that time. I typically don't like to put in a GTC buy-back order until I see the offer price we want. It was worth a try, but no one seemed to want to play with us yesterday. No worries though, as it will only be a matter of time. For now, continue to hold all other positions as-is as they slowly melt away. This is a good thing as we want the put options to get cheaper so we can buy them back and lock in our gains. Patience is a virtue when you're an option seller. In the meantime, I continue to man the screens and look for new opportunities for us. 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!