Alpha Rotation Trade Actions to take THURSDAY August 15, 2019
This rotation includes equity positions that were included in the previous rotation. Do not liquidate those positions. Simply, adjust your share 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 20% in XLK (Option Traders BUY CALLS)
Buying 30% in XLP (Option Traders BUY CALLS)
Buying 30% in XLU (Option Traders BUY CALLS)
Selling 20% in XLE (Option Traders BUY PUTS)
For maximum liquidity, we will liquidate (SELL TO CLOSE Options contracts) and initiate any new positions (BUY TO OPEN Options contracts) 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:
XLK – 20DEC $80 Strike Price CALL (Expires December 20, 2019)
XLP – 20DEC $60 Strike Price CALL (Expires December 20, 2019)
XLU – 20DEC $61 Strike Price CALL (Expires December 20, 2019)
XLE – 18OCT $56 Strike Price PUT (Expires October 18, 2019)
All the best,
Roger Scott