November 10, 2016  Trade Alert #2 -  Earnings Eagle  Portfolio

We will take off 2 of our GILD spreads to generate some cash to use on some more CSCO spreads for next week’s announcement:

 

SELL -2 DIAGONAL GILD 100 16 DEC 16/18 NOV 16 70/75 PUT @-.05 LMT 

BTC,STC

 

BUY +1 DIAGONAL CSCO 100 20 JAN 17/18 NOV 16 29/31 PUT @-.16 LMT

BTO,STO

 

BUY +2 DIAGONAL CSCO 100 20 JAN 17/18 NOV 16 29/30.5 PUT @.04 LMT

BTO,STO

 

BUY +2 DIAGONAL CSCO 100 20 JAN 17/18 NOV 16 29/30 PUT @.20 LMT

BTO, STO

 

Be prepared to change these price limits by $.05 or more in order to get an execution.

 
Happy trading.

 

Terry