January 17, 2019 Terry’s Tips Trade Alert Earnings Eagle  Portfolio

The stock might just make a bit rally and make this seem like a bad trade, but the prudent thing to do seems to be to take a little money off the table rather than losing the entire investment (which we would do if the stock remains flat or goes down by the close tomorrow):

BTC 1 GOOGL 18Jan19 1110 put (GOOGL190118P1110)
STC 1 GOOGL 18Jan19 1100 put (GOOGL190118P1100) for a debit of $7.13 (buying a vertical)

Be prepared to change these price limits by $.05 or more in order to get an execution.

Happy trading.

Terry