October 30, 2019  Terry’s Tips Trade Alert – Earnings Eagle  Portfolio – limit orders

     

We would like to unload our highest-strike spreads in order to make us less positive net delta.  We would like to get the portfolio as neutral net delta as possible while we are waiting for the short options to expire:

 

BTC 3 EA 1Nov19 101 calls (EA191001C101) for a limit of $.05 (no commission)

 

BTC 3 EA 1Nov19 103 calls (EA191001C103) for a limit of $.05 (no commission)

 

If those trades execute:

 

STC 3 EA 6Dec19 101 calls (EA191206C101) for a limit of $.73

STC 3 EA 6Dec19 103 calls (EA191206C103) for a limit of $.58

 

Happy trading.

Terry