January 17, 2020  Terry’s Tips Trade Alert   – Earnings Eagle  portfolio

 

We might as well bite the bullet here:

 

BTC 4 PNC 17Jan19 155 puts (PNC200117P155)

STC 4 PNC 15May20 155 puts (PNC200515P155) for a credit of $5.70 (selling a calendar)

 

BTC 1 PNC 17Jan19 155 put (PNC200117P155)

STC 1 PNC 15May20 160 put (PNC200515P160) for a credit of $8.50 (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