February 3, 2020  Terry’s Tips Trade Alert  – Earnings Eagle  Portfolio

 

The stock has rallied and we need to move to higher strikes:

 

BTC 1 AAPL 07Feb20 300 put (AAPL200207P300)

STO 1 AAPL 07Feb20 315 put (AAPL200207P315)

BTO 1 AAPL 17Apr20 315 put (AAPL200417P315)
STC 1 AAPL 17Apr20 300 put (AAPL200417P300) for a debit of $2.40 (buying a vertical roll)

BTC 1 AAPL 07Feb20 300 put (AAPL200207P300)

STC 1 AAPL 17Apr20 300 put (AAPL200417P300) for a credit of $7.70 (selling a calendar)

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

 

Happy trading.

Terry