January 27, 2021  Terry’s Tips Trade  Alert #2 – Earnings Eagle Portfolio

 

This small trade will make us neutral net delta and start setting us up for switching to the 10K Strategy for a week or possible two:

 

BTC 1 JNJ 29Jan21 165 call (JNJ210129C165) (50%)

STO 1 JNJ 5Feb21 172.5 call (JNJ210205C172.5) for a debit of $1.83 (selling a diagonal)

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

Happy trading.

Terry