It has been a crazy earnings season. It has been both good and bad for me. Some of my stocks that were in the money are now out of the money. That is the good. The bad is that CVS shocked everyone with bad earnings and bad guidance and were hammered. The stock dropped in a crazy way I believe close to 20% in one day. Both legs of a Vertical Put Credit Spread were suddenly underwater. The shares were assigned to me within 48 hours. Now most people are looking at this as a great loss and stopping there. Now, is it? I will discuss how I look at these instances. In this video I discuss how to look at it and how to move forward. I have been on a journey to learn the right way to trade stock options. Along the way I have decided to share with others both my successes and failures. My hope is that others can learn and shorten their journey to learn how to incorporate one of the best ways to make passive income.

Thanks for joining me on my journey!

Uncle Jim

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