November 19, 2019  Terry’s Tips Trade Alert #2  – Earnings Eagle  Portfolio   

  

We are too long with the stock down today and for fear that HD’s plummet is repeated here, we will take off our highest-strike spread:

BTC 10 LOW 22Nov19 125 calls (LOW191122C125)  

STC 10 LOW 27Dec20 125 calls (LOW191227C125) for a credit of $.45 (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