October 30, 2019  Terry’s Tips Trade Alert #8 – Earnings Eagle  Portfolio

     

We have become negative net delta once again:

BTC 3 EA 1Nov19 91 puts (EA191001P91)
STC 3 EA 6Dec19 91 puts (EA191206P91) for a credit of $1.15 (selling a calendar)

BTC 3 EA 1Nov19 92 puts (EA191001P92)
STC 3 EA 6Dec19 92 puts (EA191206P92) for a credit of $1.35 (selling a calendar)

BTO 3 EA 6Dec19 97.5 calls (EA191206C97.5)
STO 3 EA 1Nov19 97.5 calls (EA191001C97.5) for a debit of $1.94  (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