January 26, 2021  Terry’s Tips Trade  Alert  – Earnings Eagle  Portfolio

 

We will take off the spreads which will make us more neutral net delta (i.e., reduce our negative net delta amount):

 

BTC 2 JNJ 29Jan21 155 puts (JNJ210129P155) for $.02 (100%)

         

BTC 2 JNJ 29Jan21 157.5 puts (JNJ210129P157.5) for $.03 (100%)

 

BTC 2 JNJ 29Jan21 160 puts (JNJ210129P160) for $.04 (100%)

 

STC 3 JNJ 16Apr21 155 puts (JNJ210416P155) for $2.80 (100%)

 

STC 3 JNJ 16Apr21 160 puts (JNJ210416P160) for $4.05 (100%)  

         

Be[Ta1]  prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry