Subject: December 7, 2016 Trade Alert - Earnings Eagle Portfolio

December 7, 2016  Trade Alert -  Earnings Eagle  Portfolio


With the stock up strongly today, we should make an upside tweak.  Earnings will be announced in a little over one hour:

 

BTO 4 COST 13Jan17 157.5 calls (COST170113C157.5)

STO 4 COST 09Dec17 157.5 calls (COST161209C157.5) for a debit of $1.46  (buying a calendar)

 

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

 
Happy trading.

 

Terry

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