Profits Keep Rolling In!
Profits Keep Rolling In! Hello Smart Option Sellers! It's time to close out another profitable trade. This is on top of the VZ buy-back from Tuesday and the four profitable buy-backs from last week. That's six winners locked in over the last week. Over time, you'll see how our trades come in chunks, where we'll open a bunch at the same time and close a bunch at the same time. This is mostly due to the similar expiration dates of each position and their stock prices mostly moving in tandem. Works for me! Kellogg (K) It's time to close this winner. Just as with our current put-sell position in General Mills (GIS), Kellogg has been caught up in the downtrend for the companies that supply packaged foods,cereals & convenience products. We were able to weather the storm with Kellogg though, as the stock has had a decent blip upwards of late, and with time running out on this position, it made for a profitable trade for us. 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 K June 15, 2018 $52.50 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. Get those orders in now and let me know how you do. That's all for now. Continue to hold all other positions as-is. Contact me here Regards,
Lee Let's Grab That Cash!