August 12, 2021 Terry’s Tips Trade Alert - Earnings Eagle Portfolio

We continue to roll down strikes as AMAT has now dropped 10% in four days:

BTC 1 AMAT 13Aug21 138 put (AMAT210813P138)
STC 1 AMAT 17Sep21 140 put (AMAT210917P140) for a credit of $4.00 (selling a diagonal) (100%)

BTC 1 AMAT 13Aug21 136 put (AMAT210813P136)
STO 1 AMAT 20Aug21 128 put (AMAT210820P128) for a debit of $3.95 (selling a diagonal) (100%)

BTC 1 AMAT 13Aug21 134 put (AMAT210813P134)
STO 1 AMAT 20Aug21 126 put (AMAT210820P126) for a debit of $2.90 (selling a diagonal) (100%)

BTC 1 AMAT 20Aug21 139 call (AMAT210820C139)
STO 1 AMAT 20Aug21 132 call (AMAT210820C132) for a credit of $1.70 (selling a vertical) (100%)

BTC 1 AMAT 20Aug21 137 call (AMAT210820C137)
STO 1 AMAT 20Aug21 129 call (AMAT210820C129) for a credit of $2.65 (selling a vertical) (100%)

BTO 1 AMAT 17Sep21 125 call (AMAT210917C125)
STC 1 AMAT 17Sep21 135 call (AMAT210917C135) for a debit of $4.65 (buying a vertical) (33%)


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

Happy trading.

Terry