October 28, 2059  Terry’s Tips Trade Alert #3 – Earnings Eagle  Portfolio

     

EA announces tomorrow and the options are pricing in a 7.1% change while the historical average is 5.8%:

 

BTO 3 EA 6Dec19 90 puts (EA191206P90)
STO 3 EA 1Nov19 90 puts (EA191001P90) for a debit of $.86  (buying a calendar)

BTO 3 EA 6Dec19 92 puts (EA191206P92)
STO 3 EA 1Nov19 92 puts (EA191001P92) for a debit of $.92  (buying a calendar)

BTO 3 EA 6Dec19 94 puts (EA191206P94)
STO 3 EA 1Nov19 94 puts (EA191001P94) for a debit of $.97  (buying a calendar)

BTO 3 EA 6Dec19 96 puts (EA191206P96)
STO 3 EA 1Nov19 96 puts (EA191001P96) for a debit of $.97  (buying a calendar)

BTO 3 EA 6Dec19 97 calls (EA191206C97)
STO 3 EA 1Nov19 97 calls (EA191001C97) for a debit of $1.12  (buying a calendar)

BTO 3 EA 6Dec19 99 calls (EA191206C99)
STO 3 EA 1Nov19 99 calls (EA191001C99) for a debit of $1.07  (buying a calendar)

BTO 3 EA 6Dec19 101 calls (EA191206C101)
STO 3 EA 1Nov19 101 calls (EA191001C101) for a debit of $.98  (buying a calendar)

BTO 3 EA 6Dec19 103 calls (EA191206C103)
STO 3 EA 1Nov19 103 calls (EA191001C103) for a debit of $.88  (buying a calendar)

Be[Ta1]  prepared to change this (these) price limit(s) by $.05 or more in order to get an execution

Happy trading.

Terry