Alpha Rotation Actions to take TUESDAY December 3, 2019
This rotation includes equity and option position(s) that were included in the previous rotation. Do not liquidate those positions. .
Simply, adjust your share size or contract size (as necessary) on the positions that we are including in this rotation.
If you are not already in these positions, please initiate new positions.
We are allocating the portfolio as follows:
Buying 25% in XLP (Option Traders BUY CALLS)
Buying 25% in XLU (Option Traders BUY CALLS)
Buying 25% in XLI (Option Traders BUY CALLS)
Selling 25% in XLE (Option Traders BUY PUTS)
For maximum liquidity, we will LIQUIDATE positions (SELL TO CLOSE Options contracts) between the current mid price and bid price and INITIATE any new positions (BUY TO OPEN Options contracts) between the current mid price and ask price within the last 20 minutes of the trading session.
We will update you after the close in the Members Area Daily Update.
Option Traders… the following regular MONTHLY options meet our criteria:
XLP – 17JAN $60 Strike Price CALL (Expires January 17, 2020)
XLU – 17JAN $62 Strike Price CALL (Expires January 17, 2020)
XLI – 17JAN $82 Strike Price CALL (Expires January 17, 2020)
XLE – 17JAN $59 Strike Price PUT (Expires January 17, 2020)
All the best,
Roger Scott.