November 4, 2019  Terry’s Tips Trade Alert – Earnings Eagle  Portfolio – limit orders  

  

Humana announces before the open on Wednesday.  Options are pricing in a 4.5% move while the recent change has been about 3.2%. We will get these orders in now.

 

BTO 3 HUM 20Dec19 285 puts (HUM191220P285)

STO 3 HUM 8Nov19 285 puts (HUM191108P285) for a debit limit order of $4.59  (buying a calendar)

 

BTO 2 HUM 20Dec19 290 puts (HUM191220P290)

STO 2 HUM 8Nov19 290 puts (HUM191108P290) for a debit limit order of $4.90  (buying a calendar)

 

BTO 2 HUM 20Dec19 295 puts (HUM191220P295)

STO 2 HUM 8Nov19 295 puts (HUM191108P295) for a debit limit order of $5.05  (buying a calendar)

 

BTO 2 HUM 20Dec19 300 calls (HUM191220C300)

STO 2 HUM 8Nov19 300 calls (HUM191108C300) for a debit limit order of $5.68  (buying a calendar)

 

BTO 3 HUM 20Dec19 305 calls (HUM191220C305)

STO 3 HUM 8Nov19 305 calls (HUM191108C305) for a debit limit order of $5.23  (buying a calendar)

 

Happy trading.

Terry