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Profit Time!

Profit Time! Hello Smart Option Sellers! Hope everyone's enjoying these last few days of 2019. As much as I wanted to take extra time away from the markets, it's hard not to want to shoot off a quick alert to lock in some year-end gains. What's better than that? If you are around and able to make the trade, go for it. If you miss this message for a day or two because of the holidays, don't worry, it can get done when you're available. Merck (MRK) Our MRK put-sell position has reached the "80% Rule" threshold, so that means it's time to lock in the gains. I've already heard from some of you that you locked in the gains a few days ago. Good for you if you have! Let's hop-to! 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 MRK March 20, 2020 $60 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 be able to get these done today at our price of $.05 per contract. If you don't get filled right away, keep your buy order working "GTC". It will only be a matter of time. Do not pay more than $.05 per contract. Ok, that's all for today's short alert. Get those orders in there and let us know how you do. Continue to hold all other open positions as-is. Contact us here with fills, comments, questions or concerns. Best,

Lee Let's Grab That Cash!

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