October 22, 2019  Terrys Tips Trade Alert – Earnings Eagle  Portfolio

     

We will take off the lowest-strike spreads first and get a little less negative net delta:

 

BTC 1 PG 25Oct19 115 put (PG191025P115) for $.03 (no commission)

 

STC 1 PG 20Dec19 115 put (PG191220P115) for $.80

 

BTC 1 PG 25Oct19 117 put (PG191025P117) for $.05 (no commission)

 

STC 1 PG 20Dec19 120 put (PG191220P120) for $

 

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

 

Happy trading.

Terry