Locking In Profits!
Profit Time! Hello Smart Option Sellers! It's been almost a month since we locked in gains. I was getting a little antsy! But, one of our put-sell positions has reached the "80% Rule" threshold that we strive for, so let's get to it. Oracle Corp. (ORCL) It's time to close this one out for a gain. 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 ORCL September 21, 2018 $35 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. I have already heard from a few of you who have proactively closed this position yesterday. Well done! For any members who might still have the initial sell order working (if you never got filled in the first place), please cancel it at this time. You will not place the buy order today. Get those orders in now (if you hold the position) and let us 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!