November 7, 2019  Terry’s Tips Trade Alert– Earnings Eagle  Portfolio  

  

We continue to be negative net delta. We will take off both spreads which are at strikes furthest below the stock price: 

 

BTC 2 HUM 8Nov19 300 puts (HUM191108P300)  

STC 2 HUM 20Dec19 300 puts (HUM191220P300) for a credit of $6.90 (selling a calendar)

BTC 2 HUM 8Nov19 300 calls (HUM191108C300)  

STC 2 HUM 20Dec19 300 calls (HUM191220C300) for a credit of $7.00 (selling a calendar)

 

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

 

Happy trading.

 

Terr