October 30, 2019  Terry’s Tips Trade Alert #9 – Earnings Eagle  Portfolio

     

We have become negative net delta once again believe it or not:

BTC 3 EA 1Nov19 93 puts (EA191001P93)
STC 3 EA 6Dec19 93 puts (EA191206P93) for a credit of $1.15 (selling a calendar)

BTO 3 EA 6Dec19 98 calls (EA191206C98)
STO 3 EA 1Nov19 98 calls (EA191001C98) for a debit of $1.97  (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