Profit Time! Hello Smart Option Sellers! Another one of our put-sell positions has reached the "80% Rule" profit-taking threshold. Let's lock it in! Oracle Corp. (ORCL) Here's what you can choose to do: Note: you will only execute this buy-back trade if you already hold the put-sell position in your account. If you don't have the position, you can disregard these instructions. Buy back (buy-to-close) all of your ORCL January 17, 2020 $40 strike put option contracts for a limit buy price of $.05 per contract or cheaper, GTC, as a closing transaction (buy-to-close). Currently, this put option has a market of $.04 bid/$.05 offer, so we should have no problem getting it done for $.05 per. Do not pay more than $.05 per contract. Get those orders in there pronto and let us know how you do. 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!