Subject: January 24, 2017 Trade Alert - Earnings Eagle Portfolio

January 24, 2017 Trade Alert  -  Earnings Eagle  Portfolio

In spite a large number of companies announcing this week, the option prices for most of them were not particularly attractive.  We will only commit about $4000 to these trades in Boeing (BA).

BTO 6 BA 3Mar17 157.5 calls (BA170303C157.5)

STO 6 BA 27Jan17 157.5 calls (BA170127C157.5) for a debit of $1.17 (buying a calendar)

BTO 10 BA 3Mar17 160 calls (BA170303C160)

STO 10 BA 27Jan17 160 calls (BA170127C160) for a debit of $1.30 (buying a calendar)

BTO 14 BA 3Mar17 162.5 calls (BA170303C162.5)

STO 14 BA 27Jan17 162.5 calls (BA170127C162.5) for a debit of $1.26 (buying a calendar)

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

Happy trading.

 

Terry

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