February 14, 2020  Terry’s Tips Trade Alert   –  Earnings Eagle  Portfolio

                                                                            

We have become negative net delta so we will roll over the lowest-strike spreads first to make us more positive net delta:

BTC 2 AAPL 14Feb20 320 puts (AAPL200214P320)
STO 2 AAPL 21Feb20 320 puts (AAPL200221P320) for a credit of $1.68 (selling a calendar)

BTC 1 AAPL 14Feb20 322.5 call (AAPL200214C322.5)
STO 1 AAPL 21Feb20 322.5 call (AAPL200221C322.5) for a credit of $2.46 (selling a calendar)

BTC 2 AAPL 14Feb20 322.5 puts (AAPL200214P322.5)
STO 2 AAPL 21Feb20 322.5 puts (AAPL200221P322.5) for a credit of $2.34 (selling a calendar)

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

Happy trading.

Terry