February 1, 2021  Terry’s Tips Trade  Alert  – Earnings Eagle Portfolio

 

We will close out our JNJ play:

 

BTC 2 JNJ 05Feb21 172.5 calls (JNJ210205C172.5)
STC 2 JNJ 16Apr21 170 calls (JNJ210416C170) for a credit of $4.45 (selling a diagonal) (100%)

STC 1 JNJ 16Apr21 170 calls (JNJ210416C170) for $4.85

STC 3 JNJ 16Apr21 165 calls (JNJ210416C165) for $6.85

Be[Ta1]  prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry