February 10, 2021 Terry’s Tips Trade Alert – Earnings  Eagle Portfolio

We have become negative net delta:

BTC 2 A 19Feb21 120 puts (A210219P120)
STO 2 A 19Feb21 125 puts (A210219P125)
BTO 2 A 19Mar21 125 puts (A210319P125)
STC 2 A 19Mar21 120 puts (A210319P120) for a debit of $0.20 (buying a vertical roll) (33%)

BTC 2 A 19Feb21 120 calls (A210219C120)
STO 2 A 19Feb21 130 calls (A210219C130)
BTO 2 A 19Mar21 130 calls (A210319C130)
STC 2 A 19Mar21 120 calls (A210319C120) for a credit of $0.00 (selling a vertical roll) (100%)


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

Happy trading.

Terry