April 4, 2023 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
We are adding spreads to raise delta:
BTO 1 TLT 16Jun23 105 call (TLT230616C105)
STO 1 TLT 21Apr23 107 call (TLT230421C107) for a debit of $3.20 (buying a diagonal)
BTO 1 TLT 16Jun23 106 call (TLT230616C106)
STO 1 TLT 21Apr23 108 call (TLT230421C108) for a debit of $3.10 (buying a diagonal)
BTO 1 TLT 16Jun23 107 call (TLT230616C107)
STO 1 TLT 21Apr23 109 call (TLT230421C109) for a debit of $2.95 (buying a diagonal)
BTO 1 TLT 16Jun23 108 call (TLT230616C108)
STO 1 TLT 21Apr23 110 call (TLT230421C110) for a debit of $2.80 (buying a diagonal)
BTO 1 TLT 16Jun23 109 call (TLT230616C109)
STO 1 TLT 21Apr23 111 call (TLT230421C111) for a debit of $2.60 (buying a diagonal)
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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