October 30, 2019  Terry’s Tips Trade Alert #6 – Earnings Eagle  Portfolio

     

We have become negative net delta as the stock has moved up a bit and we have spare cash we can put to work to increase theta as well as get more positive:

BTO 5 EA 6Dec19 96 calls (EA191206C96)
STO 5 EA 1Nov19 96 calls (EA191001C96) for a debit of $1.93  (buying a calendar)

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

Happy trading.

Terry