Trade Update - EMR

Trade Update Hello Smart Option Sellers! In regards to the new ORCL alert I just sent out - keep that order working "GTC". I know the market is tight and the $.25 bids went away very quickly. Let's give it a little time to see what happens. Don't get too impatient! I'm trying to get us the best fills possible. Emerson Electric (EMR) On a brighter note, we were able to successfully get into yesterday's new put-sell trade on EMR. Great job everyone! Most of the fills went across between $.30 - $.32 per contract, so we'll take the official mark at $.31 per. Some of you may have gotten a little higher and some may gotten a little lower. Either way, it's a great trade. Here's what we did: Sold (sold-to-open) the EMR December 21, 2018 $50 put options for an official sale price of $.31 per contract as an opening transaction (sold-to-open). If you did not place your order yet, make sure to keep it working GTC at $.25 per contact or higher. Remember, GIS releases earnings tomorrow before the bell, so I'm interested to see how that plays out. Everyone should be out of the put-sell position that we closed out late last week (unless you opted to hold). The put option is still very well bid here, remaining at the $.27 per contract price we closed out for last week. There must be lots of fear that GIS might tank after the earnings. Let's see what happens. If the stock rallies, that July $40 put will be worthless within minutes. Let's talk about it tomorrow. That's all for now. Continue to hold all other positions as-is. Contact me here Regards,

Lee Let's Grab That Cash!