October 18, 2019  Terrys Tips Trade Alert – Earnings Eagle  Portfolio

     

MSFT is down abut $2 today and we should establish more spreads at lower strikes:

 

BTO 1 MSFT 17Jan20 135 call (MSFT200117C135)

STO 1 MSFT 25Oct19 137 call (MSFT191025C137) for a debit of $4.57 (buying a diagonal)

 

BTO 1 MSFT 17Jan20 140 call (MSFT200117C140)

STO 1 MSFT 25Oct19 138 call (MSFT191025C138) for a debit of $2.38 (buying a diagonal)

 

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

 

Happy trading.

Terry