Unofficial Trades!

Unofficial Trades! Hello Smart Option Sellers! Happy Friday! Ok, since I cannot seem to find worthy put-sell trades at the moment, I will offer up some unofficial trades for those of you looking for action. These trades are completely optional and will not be tracked by us. Nike (NKE) The only reason why this trade is unofficial is due to NKE's stock price, which currently sits near $100. We look for stocks $50 and under in our service. Here's the current chart. Earnings were released yesterday and the stock is down $1.40 as I type. This is a well-needed minor pull-back. NKE is one of the most widely recognized brands in the world and has had an amazing run over the last 10 years. I don't see any reason why it would stop now. If you are bullish on NKE, and would like to get onboard, you can consider this put-sell trade. Here's what you can choose to do: Sell (sell-to-open) the NKE April 17, 2020 $75 or $77.50 put options at current prices as an opening transaction (sell-to-open). Currently, the $75 put option has a market of $.20 bid/$.23 offer and the $77.50 put options have a market of $.28 bid/$.31 offer. You make the choice on which strike to choose. Or maybe, do a combination. If you get involved, manage it the same way as you would for any official Smart Option Seller recommendation. Walmart (WMT) This trade is a bit different, so please pay attention and only get involved if you understand how it will work. I am extremely bullish on WMT, and it's just itching to break out higher. Here's the current chart. It has been meandering in such a tight range over the last few months, that once the breakout occurs, it should be very explosive. I believe that explosion will happen on the upside. If you agree with that assessment, and are bullish on WMT, this trade might intrigue you. It's a no-cost bullish play that includes selling an out-of-the-money (OTM) put option and buying an OTM call option. It is doubly bullish and called a "