February 4, 2021 Terry’s Tips Trade Alert – Earnings  Eagle Portfolio

With PYPL up 7%, we will start closing far out-of-the-money spreads:

BTC 1 PYPL 05Feb21 250 call (PYPL210205C250)
STC 1 PYPL 19Mar21 250 call (PYPL210319C250) for a credit of $6.70 (selling a calendar) (100%)

BTC 1 PYPL 05Feb21 250 put (PYPL210205P250)
STC 1 PYPL 19Mar21 250 put (PYPL210319P250) for a credit of $6.60 (selling a calendar) (100%)

BTC 1 PYPL 05Feb21 240 put (PYPL210205P240)
STC 1 PYPL 19Mar21 240 put (PYPL210319P240) for a credit of $4.20 (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