January 29, 2020  Terry’s Tips Trade Alert #3  – Earnings Eagle  portfolio

 

We are  negative net delta. 

 

BTO 1 MSFT 17Apr20 175 call (MSFT200417C175)
STO 1 MSFT 31Jan20 172.5 call (MSFT200131C172.5) for a debit of $2.31 (buying a diagonal)

BTO 1 MSFT 17Apr20 170 call (MSFT200417C170)
STO 1 MSFT 31Jan20 172.5 call (MSFT200131C172.5) for a debit of $4.27 (buying a diagonal)

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

Happy trading.

Terry