Locking In More Profits!
Locking In More Profits! Hello Smart Option Sellers! Another one of our open put-sell positions just hit the 80% profit-taking threshold. So let's lock it in! And some of you already let me know this morning that you've gone ahead and got it done. I love that you're being proactive! Verizon (VZ) Just as we did with Merck last week, we executed a new put-sell play on VZ for the October 2018 expiration date, while we still had an older VZ position still sitting on the books. It's time to close that older one out. 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 VZ July 20, 2018 $39 put options for a limit buy price of $.05 per contract, GTC, as a closing transaction (buy-to-close). Currently, this put option is offered at $.05 (at time of print), so we should have no problem getting filled. If you don't get filled at $.05 for some reason, make sure you work your order "GTC". Get those orders in now and let me know how you do. That's all for today. Continue to hold all other positions as-is. Contact me here Regards,
Lee Let's Grab That Cash!