Nobody ever got “fired” for taking a profit… as the old trading adage goes.
That’s why when Las Vegas Sands ( ) stock sold off hard in one day, our Smart Options Income members closed our LVS bear call spread trade early for a nickel … we grabbed a 22.8% return or $540 of cash profit in a trade that lasts just 6 days.
Find out why it pays to close trades early for a profit in my latest Trade Scan video.
About The Author
Meet Jon Lewis, With over 20 years of real experience, teaching AND trading, Jon will help you learn to use options profitably and safely in portfolios of any size.
His advantage, and now yours, is using simple, often overlooked spread options strategies which generate consistent income without significant risk.