Subject: October 23,2019  Terrys Tips Trade Alert – Earnings Eagle  Portfolio

October 23, 2019  Terrys Tips Trade Alert – Earnings Eagle  Portfolio

     

The stock has fallen sharply and we should roll our highest-strike lower:

 

BTC 1 MSFT 25Oct19 145 call (MSFT191025C145)

STO 1 MSFT 25Oct19 136 call (MSFT191025C136)
STC 1 MSFT 17Jan20 145 call (MSFT200117C145)

BTO 1 MSFT 17Jan20 135 call (MSFT200117C135) for a debit of $1.85 (buying a vertical roll)

 

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

 

Happy trading.


T
erry

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