Subject: February 25, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
February 25, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
February 25th, 2021 at 3:40 pm ESTFebruary 25, 2021 Terry s Tips Trade Alert Earnings Eagle Portfolio We continue rolling out to 5Mar/16Apr spreads and reducing delta: BTC 1 HD 26Feb21 267.5 call (HD210226C267.5) STO 1 HD 05Mar21 262.5 call (HD210305C262.5) for a credit of $1.65 ...
February 24, 2021 Terry’s Tips Trade Alert #2 – Earnings Eagle Portfolio
February 24th, 2021 at 3:19 pm ESTFebruary 24, 2021 Terry s Tips Trade Alert #2 Earnings Eagle Portfolio We re going to try to recover some losses by extending our remaining spreads into 5Mar/16Apr spreads. We ll start with the puts, which have little remaining extrinsic value: B ...
February 24, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
February 24th, 2021 at 11:03 am ESTFebruary 24, 2021 Terry s Tips Trade Alert Earnings Eagle Portfolio With HD continuing lower, we will close our highest-strike spreads: BTC 2 HD 26Feb21 277.5 calls (HD210226C277.5) STC 2 HD 01Apr21 277.5 calls (HD210401C277.5) for a credit of $1 ...
February 23, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
February 23rd, 2021 at 12:32 pm ESTFebruary 23, 2021 Terry s Tips Trade Alert Earnings Eagle Portfolio With HD down sharply, we will close our highest-strike spreads: BTC 1 HD 26Feb21 287.5 call (HD210226C287.5) STC 1 HD 01Apr21 287.5 call (HD210401C287.5) for a credit of $1.65 (s ...
February 22, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
February 22nd, 2021 at 3:37 pm ESTFebruary 22, 2021 Terry s Tips Trade Alert Earnings Eagle Portfolio We want to be more neutral heading into tomorrow s earnings. These trades will lower delta toward neutrality: BTC 1 HD 26Feb21 290 call (HD210226C290) STO 1 HD 26Feb21 275 call ...
February 19, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
February 19th, 2021 at 2:29 pm ESTFebruary 19, 2021 Terry s Tips Trade Alert Earnings Eagle Portfolio We are adding Home Depot (HD) spreads. HD reports earnings on Feb. 23 before the open. Options are currently pricing in a move that is greater than the average post-earnings move: ...
February 18, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
February 18th, 2021 at 10:05 am ESTFebruary 18, 2021 Terry s Tips Trade Alert Earnings Eagle Portfolio This closes the final A spread: BTC 3 A 19Feb21 135 calls (A210219C135) STC 3 A 19Mar21 135 calls (A210319C135) for a credit of $1.65 (selling a calendar) (100%) Be prepared t ...
February 17, 2021 Terry’s Tips Trade Alert #2 – Earnings Eagle Portfolio
February 17th, 2021 at 10:30 am ESTFebruary 17, 2021 Terry s Tips Trade Alert #2 Earnings Eagle Portfolio With A now up 7%, we remain negative net delta: BTC 4 A 19Feb21 130 puts (A210219P130) STC 4 A 19Mar21 130 puts (A210319P130) for a credit of $2.20 (selling a calendar) (100% ...
February 17, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
February 17th, 2021 at 9:59 am ESTFebruary 17, 2021 Terry s Tips Trade Alert Earnings Eagle Portfolio With A up sharply, we are shedding our lowest-strike spreads: BTC 2 A 19Feb21 120 puts (A210219P120) STC 2 A 19Mar21 120 puts (A210319P120) for a credit of $0.85 (selling a cale ...
February 16, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
February 16th, 2021 at 3:32 pm ESTFebruary 16, 2021 Terry s Tips Trade Alert Earnings Eagle Portfolio These trades will get us close to neutral delta prior to Agilent s earnings after the close: BTC 1 A 19Feb21 125 call (A210219C125) STO 1 A 19Feb21 135 call (A210219C135) for a ...