January 20, 2017 Trade Alert  -  Earnings Eagle  Portfolio

We will close out our positions today:

BTC 8 IBM 20Jan17 162.5 puts (IBM170120P162.5) for $.05 (no commission)

STC 8 IBM 24Feb17 162.5 puts (IBM170224P162.5) for $1.70

 

BTC 8 IBM 20Jan17 165 calls (IBM170120C165)

STC 8 IBM 24Feb17 165 calls (IBM170224C165) for a credit of $1.50 (selling a calendar)

 

BTC 8 IBM 20Jan17 167.5 calls (IBM170120C167.5)

STC 8 IBM 24Feb17 167.5 calls (IBM170224C167.5) for a credit of $1.98 (selling a calendar)

 

BTC 8 IBM 20Jan17 170 calls (IBM170120C170)

STC 8 IBM 24Feb17 170 calls (IBM170224C170) for a credit of $1.50 (selling a calendar)

 

BTC 8 IBM 20Jan17 172.5 calls (IBM170120C172.5) for $.05 (no commission)

STC 8 IBM 24Feb17 172.5 calls (IBM170224C172.5) for $.90

Be prepared to change these price limits by $.05 or more in order to get an execution.

Happy trading.

 

Terry