January 28, 2021 Terry’s Tips Trade Alert #3 – Earnings  Eagle Portfolio

We are adding two more spreads to move to delta neutral ahead of CAT’s earnings tomorrow morning:

BTO 1 CAT 19Mar21 190 call (CAT210319C190)
STO 1 CAT 29Jan21 192.5 call (CAT210129C192.5) for a debit of $6.60 (buying a calendar)

BTO 1 CAT 19Mar21 195 call (CAT210319C195)
STO 1 CAT 29Jan21 192.5 call (CAT210129C192.5) for a debit of $4.70 (buying a calendar)


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

Happy trading.

Terry