Slow Burn Account Explanation:
- Slow Burn is our simulated trading account.
- It tracks top-scoring trades.
- Trades selected using a proprietary scoring system.
- The system matches how Kevin selects options to sell.
- 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.
- All daily articles at https://tiblio.com/slow-burn/
Short Put Basics:
You sell a put option and collect money now. You hold enough cash to buy the stock if the buyer makes you buy it.