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Profit Time!

Time For More Profits! Hello Smart Option Sellers! Ready to lock in more gains? CVS Health (CVS) One of our put-sell positions has crossed the "80% Rule" threshold - which means it's time to take profits. Back on July 3, 2018, we sold the CVS November 16, 2018 $45 put options for a sale price of $.25 per contract. It is now worth $.05 per contract, effectively losing 80% of its value (80% Rule). When that happens, we buy it back to close it out and lock in the gains. 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 and cancel any current sell-to-open orders. Here's what you can choose to do: Buy back (buy-to-close) all of your CVS November 16, 2018 $45 put options for a limit buy price of $.05 per contract or cheaper, GTC, as a closing transaction (buy-to-close). This put option has traded at $.05 per contract recently, and keeps moving between a $.05 & $.06 per contract offer, so let's see if our $.05 price will get filled. If you don't get filled today, just keep your order working in the market GTC. Get those orders in now and let us know how you do! Remember, if you were never filled on the original CVS sell-to-open order, then you will outright cancel it now. You also will not execute the buy-back order listed above. Continue to hold all other positions as-is. Contact me here Regards,

Lee Let's Grab That Cash!

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