New Trades! And Yesterday's Trade Results

New Trades! Hello Smart Option Sellers! Before we get to yesterday's trade results, I have two more new trades to consider. CVS Health (CVS) Now that Walmart (WMT) has agreed to remain within CVS's pharmacy network, I feel confident about jumping into a new put-sell trade on CVS. Its share price sits near $64.75 and has fallen about $20 from its highs reached before the December sell-off. Here's the current chart. We'll be taking a new put-sell trade with another $17 of downside cushion, which represents a 26% buffer. CVS reports earnings around February 6, so take that into consideration. Remember, half-size positions only! Here's what you can choose to do: Sell (sell-to-open) the CVS May 17, 2019 $47.50 put options for a limit sell price of $.25 per contract or higher, GTC, as an opening transaction (sell-to-open). Currently, this put option has a market of $.27 bid/$.34 offer, so you should be able to sell these at better than $.25 per. Try to place your initial sell order in between the prevailing bid/ask spread at first. This helps to get the highest price. If you are not filled within a bit of time, you can incrementally lower your offer. Emerson Electric (EMR) One of the most solid Dividend Achievers out there. EMR has raised its dividend for an amazing 62 years straight. That's quality! We've played EMR successfully a couple of times so far and we're going back for more. Its share price sits near $62.50, and like CVS, has fallen about $20 from its highs reached before the December sell-off. Here's the current chart. We'll be taking a new put-sell trade with another $17.50 of downside cushion, which represents a 28% buffer. EMR reports earnings around