Locking In Another Winner!
Locking In Another Winner! Hello Smart Option Sellers! As I mentioned recently, our trades usually come in bunches, as this will be the third profit-taking trade within the last week. Goodyear Tire (GT) Our put-sell position in GT is getting close to expiring and has reached the 80% Rule threshold, so it's time to close it 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 GT July 18, 2018 $21 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 per contract, so we should have no problem getting filled. Get those orders in now (if you hold the position) and let us know how you do. For those of you who may want to hold until expiration if you think the put option will expire worthless - you are free to do so. This can give you a few extra dollars in profit and possibly save you a commission charge. Officially, we are closing it out today. That's all for now. Continue to hold all other positions as-is. Contact me here Regards,
Lee Let's Grab That Cash!