February 14, 2020  Terry’s Tips Trade Alert #4  –  Earnings Eagle  Portfolio – limit order changes

                                                                            

We will reduce our limits as the stock has fallen:

BTC 1 ANET 14Feb20 225 put (ANET200214P225)
STC 1 ANET 20Mar20 230 put (ANET200320P230) for a credit limit of $9.20 (selling a diagonal)

BTC 1 ANET 14Feb20 225 put (ANET200214P225)

STC 1 ANET 20Mar20 220 put (ANET200320P220) for a credit limit of $3.60 (selling a diagonal)

 

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

Happy trading.

Terry