May 12, 2021 Terry’s Tips Trade Alert - Earnings  Eagle Portfolio

We are reducing delta:

BTC 2 DIS 14May21 185 puts  (DIS210514P185)
STO 2 DIS 14May21 170 puts  (DIS210514P170)
BTO 2 DIS 18Jun21 170 puts (DIS210618P170)
STC 2 DIS 18Jun21 185 puts (DIS210618P185) for a credit of $0.10 (buying a vertical roll) (100%)

BTC 1 DIS 14May21 200 call  (DIS210514C200)
STO 1 DIS 14May21 180 call  (DIS210514C180)
BTO 1 DIS 18Jun21 180 call (DIS210618C180)
STC 1 DIS 18Jun21 200 call (DIS210618C200) for a debit of $2.30 (selling a vertical roll) (100%)

BTC 1 DIS 14May21 195 call  (DIS210514C195)
STO 1 DIS 14May21 180 call  (DIS210514C180)
BTO 1 DIS 18Jun21 180 call (DIS210618C180)
STC 1 DIS 18Jun21 195 call (DIS210618C195) for a debit of $1.75 (selling a vertical roll) (50%)


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

Happy trading.

Terry