February 17, 2021 Terry’s Tips Trade Alert – Earnings  Eagle Portfolio

With A up sharply, we are shedding our lowest-strike spreads:

BTC 2 A 19Feb21 120 puts (A210219P120)
STC 2 A 19Mar21 120 puts (A210319P120) for a credit of $0.85 (selling a calendar) (100%)

BTC 5 A 19Feb21 125 calls (A210219C125)
STC 5 A 19Mar21 125 calls (A210319C125) for a credit of $1.40 (selling a calendar) (100%)

BTC 2 A 19Feb21 125 puts (A210219P125)
STC 2 A 19Mar21 125 puts (A210319P125) for a credit of $1.65 (selling a calendar) (100%)


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

Happy trading.

Terry