January 31, 2020  Terry’s Tips Trade Alert   – Earnings Eagle  Portfolio

 

We are uncomfortably long as the stock is down by $7:

BTC 2 AAPL 31Jan20 325 calls (AAPL200131C325)
STO 2 AAPL 7Feb20 317.5 calls (AAPL200207C317.5) for a credit of $4.45 (selling a diagonal)

 

BTC 1 AAPL 31Jan20 322.5 call (AAPL200131C322.5)
STO 1 AAPL 7Feb20 322.5 call (AAPL200207C322.5) for a credit of $2.40 (selling a calendar)

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

Happy trading.

Terry