April 26, 2021 Terry’s Tips Trade Alert #2 - Earnings  Eagle Portfolio

We continue to be negative net delta, so we are raising put strikes:

BTC 1 AXP 30Apr21 142 put  (AXP210430P142)
STO 1 AXP 30Apr21 146 put  (AXP210430P146) for a credit of $0.40 (selling a vertical) (100%)

BTC 1 AXP 30Apr21 143 put  (AXP210430P143)
STO 1 AXP 30Apr21 147 put  (AXP210430P147) for a credit of $0.60 (selling a vertical) (100%)

BTC 1 AXP 30Apr21 141 put  (AXP210430P141)
STC 1 AXP 18Jun21 140 put (AXP210618P140) for a credit of $2.25 (selling a diagonal) (100%)

BTO 1 AXP 18Jun21 150 put (AXP210618P150)
STC 1 AXP 18Jun21 145 put (AXP210618P145) for a debit of $2.25 (buying a vertical) (33%)


Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry