February 5, 2020  Terry’s Tips Trade Alert – Earnings  Eagle  Portfolio

 

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

 

BTC 1 AAPL 07Feb20 315 put (AAPL200207P315)

STO 1 AAPL 07Feb20 325 put (AAPL200207P325)

BTO 1 AAPL 17Apr20 325 put (AAPL200417P325)
STC 1 AAPL 17Apr20 315 put (AAPL200417P315) for a debit of $.85 (buying a vertical roll)

BTC 1 AAPL 07Feb20 317.5 call (AAPL200207C317.5)

STC 1 AAPL 28Feb20 317.5 call (AAPL200228C317.5) for a credit of $4.40 (selling a calendar)

 

BTC 1 AAPL 07Feb20 317.5 call (AAPL200207C317.5)
STC 1 AAPL 20Mar20 320 call (AAPL200320C320) for a credit of $6.37 (selling a diagonal)

BTO 1 AAPL 20Mar20 330 call (AAPL200320C330)
STO 1 AAPL 07Feb20 330 call (AAPL200207C330) for a debit of $7.25  (buying a calendar)

 

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

 

Happy trading.

Terry