Subject: January 28, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
January 28, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
January 28th, 2021 at 11:43 am ESTJanuary 28, 2021 Terry s Tips Trade Alert Earnings Eagle Portfolio We have become negative net delta: BTC 1 JNJ 29Jan21 165 call (JNJ210129C165) (100%) STO 1 JNJ 5Feb21 172.5 call (JNJ210205C172.5) for a debit of $1.83 (selling a diagonal) ...
January 28, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
January 28th, 2021 at 10:27 am ESTJanuary 28, 2021 Terry s Tips Trade Alert Earnings Eagle Portfolio Caterpillar (CAT) reports earnings before the bell tomorrow. The options market predicts a move of 5.3%, while the average move over the past eight quarters has been 3.5%: BTO 2 C ...
January 27, 2021 Terry’s Tips Trade Alert #2 – Earnings Eagle Portfolio
January 27th, 2021 at 12:50 pm ESTJanuary 27, 2021 Terry s Tips Trade Alert #2 Earnings Eagle Portfolio This small trade will make us neutral net delta and start setting us up for switching to the 10K Strategy for a week or possible two: BTC 1 JNJ 29Jan21 165 call (JNJ210129C16 ...
January 27, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
January 27th, 2021 at 11:11 am ESTJanuary 27, 2021 Terry s Tips Trade Alert Earnings Eagle Portfolio This trade might salvage this earnings play where we got caught being a bit too bearish while the company crushed estimates: BTO 2 JNJ 16Apr21 170 calls (JNJ210416C170) STO 2 ...
January 26, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
January 26th, 2021 at 11:01 am ESTJanuary 26, 2021 Terry s Tips Trade Alert Earnings Eagle Portfolio We will take off the spreads which will make us more neutral net delta (i.e., reduce our negative net delta amount): BTC 2 JNJ 29Jan21 155 puts (JNJ210129P155) for $.02 (100 ...
January 22, 2021 Terry’s Tips Trade Alert #3 – Earnings Eagle Portfolio
January 22nd, 2021 at 12:55 pm ESTJanuary 22, 2021 Terry s Tips Trade Alert #3 Earnings Eagle Portfolio This closes our PG positions: BTC 3 PG 22Jan21 130 puts (TGT210122P130) STC 3 PG 19Feb21 130 puts (TGT210219P130) for a credit of $1.95 (selling a calendar) (100%) Be prepar ...
January 22, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
January 22nd, 2021 at 10:39 am ESTJanuary 22, 2021 Terry s Tips Trade Alert Earnings Eagle Portfolio JNJ announces earnings before the open on Tuesday, January 26. The options are pricing in a 3.9% move which compares favorably to the recent 1.9% average move after announcin ...
January 22, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
January 22nd, 2021 at 9:57 am ESTJanuary 22, 2021 Terry s Tips Trade Alert Earnings Eagle Portfolio We continue selling the deepest in-the-money spreads: BTC 3 PG 22Jan21 132 puts (TGT210122P132) STC 3 PG 19Feb21 132 puts (TGT210219P132) for a credit of $1.90 (selling a calenda ...
January 21, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
January 21st, 2021 at 10:42 am ESTJanuary 21, 2021 Terry s Tips Trade Alert Earnings Eagle Portfolio We continue selling the deepest in-the-money spreads: BTC 3 PG 22Jan21 134 puts (TGT210122P134) STC 3 PG 19Feb21 134 puts (TGT210219P134) for a credit of $1.40 (selling a calenda ...
January 20, 2021 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
January 20th, 2021 at 2:35 pm ESTJanuary 20, 2021 Terry s Tips Trade Alert Earnings Eagle Portfolio With PG down 1.4% today less than the option market predicted we will take our highest-strike spreads off the table to reduce delta: BTC 3 PG 22Jan21 135 puts (TGT210122P135) STC ...