August 3, 2023 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
As TLT continues to freefall, there’s no reason to hold the remaining positions any longer. We are therefore closing out TLT. Good riddance:
BTC 4 TLT 04Aug23 100.5 call (TLT230804C100.5)
STC 4 TLT 15Sep23 100 call (TLT230915C100) for a credit of $0.70 (selling a diagonal) (100%)
BTC 3 TLT 04Aug23 98 put (TLT230804P98)
STC 3 TLT 15Sep23 100 put (TLT230915P100) for a credit of $2.40 (selling a diagonal) (100%)
BTC 3 TLT 04Aug23 97 put (TLT230804P97)
STC 3 TLT 15Sep23 99 put (TLT230915P99) for a credit of $2.60 (selling a diagonal) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
Happy trading.
Jon
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