Trade Results - MU

Trade Results - Micron (MU) Hello Smart Option Sellers! Hope everyone had a great weekend. Let's go over the results of Friday's new put-sell trade on MU, which we had no problem getting filled on. Prices went across the tape between $.26 to $.34 per contract, with most of those higher fills coming in as the day wore on. With MU stock under pressure throughout the day, this allowed the put option prices to stay elevated. With a good majority of fills averaging around $.29 to $.30, we'll take the official mark at $.29 per. Here's what we did: Sold (sold-to-open) the MU January 17, 2020 $28 put options for an official sale price of $.29 per contract as an opening transaction (sold-to-open). If you didn't place your order yet, you can still get filled at good prices. Right now I'm seeing prices going across at $.32 per contract average. Do not sell for anything less than $.25 per contract. Housekeeping Just a quick note on our Sysco (SYY) buy-back trade. We are currently working a buy-back order on our SYY November 15, 2019 $55 put options for a price of $.05 per contract. Unfortunately we have not been filled yet, so just keep working your order "GTC". And remember, this trade only applies to those who currently have the put-sell position in their account. 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!

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