November 3, 2016  Trade Alert -  Earnings Eagle  Portfolio – limit order

We could take about a 10% gain on our investment in GILD right now, but rolling over to next week at a lower strike might easily double that amount:

 

BTC 5 GILD 04Nov16 74 puts (GILD161104P74)

STO 5 GILD 11Nov16 72.5 puts (GILD161111P72.5) for a debit of $.01  (selling a diagonal)

 

Happy trading.

 

Terry