Trade Results - CL
Trade Results - Colgate Palmolive (CL) Hello Smart Option Sellers! The market seems to be all over the place yesterday and today, with certain stocks just getting hammered (MCD) while others are jumping (SWK). Seems random and not making lots of sense to me. I'm searching for more opportunities and if something pops out, I will certainly send out another alert. For now, let's go over the results of our new put-sell on CL from yesterday. Here's what we did: Sold (sold-to-open) the CL January 17, 2020 $55 put options for an official sale price of $.25 per contract as an opening transaction (sold-to-open). Obviously with CL stock dropping this morning, better fills are attainable now. If you didn't place your order yesterday, you can still do so today. Gap Inc. (GPS) How about our friend GPS? What a turnaround it's had over the last week. The stock has now moved back above $18 (our strike price) and has pushed the put option price back down big time. It's going to be a nail biter for sure as this option expires next Friday. Quite exciting! Will it finish above $18? Below $18? Will we get assigned? All of that and more in the next episode... Ha! Sounds like a 70's TV show. Keep holding. That's all for now. Continue to hold all other open positions as-is. Contact us here with fills, comments, questions or concerns. Regards,
Lee Let's Grab That Cash!