February 10, 2020  Terry’s Tips Trade Alert  –  Earnings  Eagle  Portfolio

  

We will reduce our AAPL investment and get a little less positive net delta and add some higher strikes to the ANET positions due to its higher price:

 

BTC 1 AAPL 14Feb20 330 call (AAPL200214C330)

STC 1 AAPL 20Mar20 330 call (AAPL200320C330) for a credit of $5.48 (selling a calendar)

 

BTO 2 ANET 20Mar20 240 calls (ANET200320C240)
STO 2 ANET 14Feb20 240 calls (ANET200214C240) for a debit of $2.88  (buying a calendar)

Be[Ta1]  prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry