Stock Option Trading Idea of the Week from Terry's Tips - How to Play the Seagate Technology Earnings Announcement This Week

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Subject: Stock Option Trading Idea of the Week from Terry's Tips - How to Play the Seagate Technology Earnings Announcement This Week


	Dear Friend, The Google (GOOG) spreads I recommended last week resulted in average gains of 58% (after commissions) in Terry’s Tips actual portfolios. Not a bad day. The stock fell after the announcement just as we had guessed. Read to the bottom of this letter to learn how you can become a Terry’s Tips Insider for absolutely no cost. Terry



	Option Tip of the Week
	How to Play the Seagate Technology Earnings Announcement this Week How To Play The Seagate Technology Earnings Announcement This Week I have written a Seeking Alpha article explaining how I would play Seagate Technology (STX) this week: How To Play The Seagate Technology Earnings Announcement This Week There are many similarities between the situation in GOOG and Seagate. I expect the stock to fall after the announcement, and have recommended to buy Aug-13 48 calls and sell Jul4-13 47.5 calls (a diagonal spread) which does best if the stock remains flat or falls. Please read the entire Seeking Alpha article to get my full thoughts on the diagonal spread play and why I expect the stock will trade lower after the announcement. A similar situation exists in Starbucks (SBUX) and I have recommended a less risky trade in that company – buying Aug-13 72.5 calls and selling Jul4-13 calls at a credit. This spread will make money no matter how low SBUX might fall and only starts losing money if the stock moves about $2 higher. Good luck if you do something this week in Seagate or Starbucks! -------------------------------- Any questions? I would love to hear from you by email (terry@terrystips.com), or if you would like to talk to our guy Seth, give him a jingle at 800-803-4595 and either ask him your question(s) or give him your thoughts. You can see every trade made in 8 actual option portfolios conducted at Terry’s Tips and learn all about the wonderful world of options by subscribing here. Why wait any longer to make this important investment in yourself? Even better, you can become a Terry’s Tips Insider, and receive all our educational reports and materials absolutely free by opening a new account at the best options broker around - thinkorswim. Use this link to sign up - open thinkorswim account – and once you have funded your account with at least $3500, email Seth@TerrysTips.com and let him know that you have done it, and this is what he will do – sign you for our Premium Service package ($119.95 value plus an extra 4 months of our Premium Service, valued at another $190.80). You get $300.65 worth of services without paying us one penny. I look forward to having you on board, and to prospering with you. Terry




	How to Play the Seagate Technology Earnings Announcement this Week



	Overbought/Oversold report
	Overbought/Oversold as of July 21, 2013 • S&P 500 (SPY) – 88.9(Very Overbought) • Dow Jones (DIA) – 73.3(Neutral) • Russell (IWM) – 88.2(Very Overbought) • NASDAQ 100 (QQQ) – 27.3(Oversold)



	Testimonial of the Week
	I think you are one of the best if not the best options trader/advisor out there. I will follow you as long as I am trading options (forever) and you have almost convinced me to not buy a stock ever. I wish I had come across you when I first started buying stocks (yes I have lost a lot of money trading or buying and holding (hoping) stocks). Thanks a lot O' Options guru Ali (received July 15, 2013)



	Thank you again for being a part of the Terry's Tips newsletter. If you are interested in signing up as an Insider, visit Terry's Tips today for details. Sincerely, Dr. Terry Allen Terry's Tips

Week 281

July 21, 2013

In This Issue

Option Trading Idea of the Week

Overbought/Sold Condition Report

Testimonial of the Week

Hot off the press! Could be the best book on options you will ever read.

Order Dr. Allen's book "Making 36% - A Duffer's Guide to Breaking Par in the Market Every Year in Good Years and Bad" at the discounted price of $12.94 using the discount code TEE when ordering!

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Subject: Stock Option Trading Idea of the Week from Terry's Tips - How to Play the Seagate Technology Earnings Announcement This Week

Hot off the press! Could be the best book on options you will ever read.