February 5, 2020  Terry’s Tips Trade Alert #2 – Earnings  Eagle  Portfolio

 

The stock (ADI) has rallied and we need to add a higher-strike spread:

 

BTO 5 ADI 13Mar20 118 calls (ADI200313C118)
STO 5 ADI 21Feb20 118 calls (ADI200221C118) for a debit of $.85  (buying a calendar)

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

 

Happy trading.

Terry