Slow Burn Account Explanation:
- Slow Burn is our simulated trading account. It tracks trades by score.
- The scoring system matches how Kevin selects options to sell.
- In the simulation we open trades 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. All daily articles are at https://tiblio.com/slow-burn/
Short Put Basics: Selling a cash-secured put means you sell someone the right to sell you a stock at a set price. You keep cash to buy the stock if the price falls below the set price.