Slow Burn Account Explanation:
- Slow Burn is our simulated trading account.
- It tracks top scoring trades.
- Top trades use a proprietary scoring system.
- The system matches how Kevin selects options to sell.
- The system selects highest scored options not already open in the simulated account.
- All scored options open and track in Slow Burn.
- In the simulation trades open each day when this email goes out.
- Prices update throughout the day.
- Trades close at 90% profit or 200% loss, whichever comes first.
- This is for educational purposes only. Nothing here is investment advice.
- View daily articles at https://tiblio.com/slow-burn/
Short Put Basics:
Sell a cash secured put to collect premium while holding cash to buy the stock if price falls. You accept the obligation to buy the stock at the strike if assigned.