June 3, 2021 Terry’s Tips Trade Alert - Earnings  Eagle Portfolio

With the portfolio having a big day, we are going to take a couple of call spreads off to protect some profits and lower delta prior to tonight’s earnings report:

BTC 1 LULU 04Jun21 360 call (LULU210604C360)
STC 1 LULU 16Jul21 360 call (LULU210716C360) for a credit of $2.95 (selling a calendar) (100%)

BTC 1 LULU 04Jun21 350 call (LULU210604C350)
STC 1 LULU 16Jul21 350 call (LULU210716C350) for a credit of $4.30 (selling a calendar) (100%)


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

Happy trading.

Terry