Market & Position Update

Market & Position Update Hello Smart Option Sellers! Happy Friday! Wow, June 1st already. Time is really flying. The stock market is getting quite a boost this morning. The jobs numbers/unemployment report has made market participants very happy, and has pushed all the indices higher as I type, especially the Nasdaq. That's great news for all of our existing put-sell positions. As stocks go up, put option prices go down. This helps move us into profitability even faster. At the moment, all of our put-sell positions are in the green, except for our stubborn little friend General Mills (GIS). The stock is stuck between $42-$43 per share and is flirting with popping above the 20-day moving average (red) trend line on the charts. Take a look here: