February 18, 2020  Terry’s Tips Trade Alert   – Earnings Eagle  Portfolio

 

The Coronavirus is likely to make AAPL more volatile than we would like.  We will close our positions:

BTC 2 AAPL 21Feb20 320 puts (AAPL200221P320)
STC 2 AAPL 17Apr20 320 puts (AAPL200417P320) for a credit of $8.48 (selling a calendar)

BTC 1 AAPL 21Feb20 325 put (AAPL200221P325)
STC 1 AAPL 17Apr20 320 put (AAPL200417P320) for a credit of $4.88 (selling a diagonal)

BTC 1 AAPL 21Feb20 322.5 call (AAPL200221C322.5)
STC 1 AAPL 20Mar20 315 call (AAPL200320C315) for a credit of $9.41 (selling a diagonal)

BTC 2 AAPL 21Feb20 322.5 puts (AAPL200221P322.5)
STC 2 AAPL 17Apr20 325 puts (AAPL200417P325) for a credit of $3.48 (selling a diagonal)

BTC 1 AAPL 21Feb20 327.5 call (AAPL200221C327.5)
STC 1 AAPL 20Mar20 325 call (AAPL200320C325) for a credit of $5.56 (selling a diagonal)

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

Happy trading.

Terry