October 24, 2019  Terrys Tips Trade Alert #4 – Earnings Eagle  Portfolio

     

We have become negative net delta and want to take off positions:

 

BTC 1 MSFT 25Oct19 136 call (MSFT191025C136)

STC 1 MSFT 17Jan20 140 call (MSFT200117C140) for a credit of $1.15 (selling a diagonal)

 

BTC 1 MSFT 25Oct19 137 call (MSFT191025C137)

STC 1 MSFT 17Jan20 140 call (MSFT200117C140) for a credit of $2.12 (selling a diagonal)

 

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

 

Happy trading.

Terry