February 6, 2020  Terry’s Tips Trade Alert  – Earnings  Eagle Portfolio

 

We have become negative net delta:  

 

BTC 1 AAPL 07Feb20 320 call (AAPL200207C320)

STO 1 AAPL 14Feb20 322.5 call (AAPL200214C322.5) for a credit of .40 (selling a diagonal)

 

BTC 1 AAPL 07Feb20 322.5 call (AAPL200207C322.5)

STO 1 AAPL 14Feb20 327.5 call (AAPL200214C327.5) for a credit of $.09 (selling a diagonal)

 

BTC 2 AAPL 07Feb20 320 puts (AAPL200207P320)

STO 2 AAPL 14Feb20 322.5 puts (AAPL200214P322.5) for a credit of $3.02 (selling a diagonal)

 

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

Happy trading.

Terry