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

 

We have become negative net delta:

 

BTC 1 JNJ 29Jan21 165 call (JNJ210129C165) (100%)

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