August 20, 2021 Terry’s Tips Trade Alert - Earnings Eagle Portfolio

We will start taking off spreads, starting with the furthest out-of-the-money calls:

BTC 1 AMAT 20Aug21 135 call (AMAT210820C135)
STC 1 AMAT 17Sep21 135 call (AMAT210917C135) for a credit of $1.90 (selling a calendar) (100%)

BTC 1 AMAT 20Aug21 132 call (AMAT210820C132)
STC 1 AMAT 17Sep21 135 call (AMAT210917C135) for a credit of $1.90 (selling a diagonal) (100%)

BTC 1 AMAT 20Aug21 131 call (AMAT210820C131)
STC 1 AMAT 17Sep21 130 call (AMAT210917C130) for a credit of $3.45 (selling a diagonal) (100%)


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

Happy trading.

Terry