November 17, 2022 Terry’s Tips Trade Alert – Earnings Eagle Portfolio
We are selling a spread to lower delta and raise theta:
BTC 1 SPY 18Nov22 406 call (SPY221118C406)
STC 1 SPY 20Jan23 406 call (SPY230120C406) for a credit of $8.40 (selling a calendar) (100%)
Be prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.
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