Subject: January 24, 2017 Trade Alert - Earnings Eagle Portfolio
January 24, 2017 Trade Alert - Earnings Eagle Portfolio
In spite a large number of companies announcing this week, the option prices for most of them were not particularly attractive. We will only commit about $4000 to these trades in Boeing (BA).
BTO 6 BA 3Mar17 157.5 calls (BA170303C157.5)
STO 6 BA 27Jan17 157.5 calls (BA170127C157.5) for a debit of $1.17 (buying a calendar)
BTO 10 BA 3Mar17 160 calls (BA170303C160)
STO 10 BA 27Jan17 160 calls (BA170127C160) for a debit of $1.30 (buying a calendar)
BTO 14 BA 3Mar17 162.5 calls (BA170303C162.5)
STO 14 BA 27Jan17 162.5 calls (BA170127C162.5) for a debit of $1.26 (buying a calendar)
Be prepared to change these price limits by $.05 or more in order to get an execution.
Happy trading.
Terry
To unsubscribe from this newsletter, please visit http://www.terrystips.com/login and update your portfolio.