May 14, 2021 Terry’s Tips Trade Alert - Earnings  Eagle Portfolio

DIS is down sharply at the open, so we are taking high-strike call spreads down and rolling out some puts:

BTC 1 DIS 14May21 195 call (DIS210514C195) for $0.01 (100%)

BTC 2 DIS 14May21 190 calls (DIS210514C190) for $0.01 (100%)

BTC 2 DIS 14May21 185 calls (DIS210514C185) for $0.02 (100%)

STC 1 DIS 18Jun21 195 call (DIS210618C195) for $0.40 (100%)

STC 2 DIS 18Jun21 190 calls (DIS210618C190) for $0.65 (100%)

STC 2 DIS 18Jun21 185 calls (DIS210618C185) for $1.05 (100%)

BTC 2 DIS 14May21 180 puts  (DIS210514P180)
STO 2 DIS 21May21 165 puts  (DIS210521P165) for a debit of $9.45 (selling a diagonal) (100%)

BTO 2 DIS 18Jun21 165 puts (DIS210618P165)
STC 2 DIS 18Jun21 180 puts (DIS210618P180) for a credit of $8.90 (selling a vertical) (100%)


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

Happy trading.

Terry