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

     

These trades will make us positive net delta, increase theta, and best of all, can be done at a credit:

 

BTC 1 UAL 1Nov19 88 call (UAL191101C88)

STO 1 UAL 1Nov19 94 call (UAL191101C94)

BTO 1 UAL 17Jan20 95 call (UAL200117C95)

STC 1 UAL 17Jan20 87.5 call (UAL200117C87.5) for a credit of $.23 (selling a vertical roll)

 

BTC 1 UAL 01Nov19 90 put (UAL191101P90)

STO 1 UAL 01Nov19 95 put (UAL191101P95)

BTO 1 UAL 17Jan20 95 put (UAL200117P95)

STC 1 UAL 17Jan20 90 put (UAL200117P90) for a credit of $.20 (buying a vertical roll)

 

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

 

Happy trading.

Terry