February 12, 2021 Terry’s Tips Trade Alert – Earnings  Eagle Portfolio

We have become negative net delta:

BTC 2 A 19Feb21 115 puts (A210219P115)
STO 2 A 19Feb21 130 puts (A210219P130)
BTO 2 A 19Mar21 130 puts (A210319P130)
STC 2 A 19Mar21 115 puts (A210319P115) for a debit of $0.90 (buying a vertical roll) (100%)

BTC 2 A 19Feb21 130 calls (A210219C130)
STO 2 A 19Feb21 135 calls (A210219C135)
BTO 2 A 19Mar21 135 calls (A210319C135)
STC 2 A 19Mar21 130 calls (A210319C130) for a credit of $0.50 (selling a vertical roll) (25%)


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

Happy trading.

Terry