Billionaire Breakouts Trade Actions to take MONDAY August 19, 2019
Billionaire Breakouts Rotation Alert
Please LIQUIDATE the following equity and option positions (SELL TO CLOSE Options positions) from the previous rotation between the current mid price and bid price during the last 20 to 30 minutes of the trading session:
BCOV – 18OCT Expiration $12.5 Strike Price Call – Liquidated at $0.45 / Stock Price $12.13
EDIT – 15NOV Expiration $25 Strike Price Call – Liquidated at $3.20 / Stock Price $25.83
LZB – 18OCT Expiration $35 Strike Price Call – Liquidated at $0.85 / Stock Price $31.89
WNC – 18OCT Expiration $15 Strike Price Call – Liquidated at $0.45 / Stock Price $14.23
This rotation includes the following equity and option position(s) that were included in the previous rotation. Do not liquidate the position(s). Simply, adjust the percentage (if necessary) to 15% to 16% so as to match the other positions in the current rotation.
CRUS – 17JAN Expiration $55 Strike Price Call – HOLD
LOB – 20DEC Expiration $20 Strike Price Call – HOLD
This rotation includes equity positions that were included in the previous rotation. You may need to equalize or adjust your positions. If you are not already in these positions, please INITIATE the following positions (BUY TO OPEN Options positions) in equal 15% to 16% units between the current mid price and ask price during the last 20 to 30 minutes of the trading session:
1. CRUS (Cirrus Logic Inc) – Filled at $52.17 (8/12/19)
2. CWEN (Clearway Energy Inc) – Filled at $17.56
3. FRTA (Forterra Inc) – Filled at $6.59
4. LOB (Live Oak Bancsh) – Filled at $18.70 (8/5/19)
5. SPWR (SunPower Corp) – Filled at $13.27
6. STAR (iStar Inc) – Filled at $13.00
There are no major liquidity issues for underlying equities during this alert. Please check your email and SMS alert for more info.
Options Traders – the following regular MONTHLY options meet our criteria:
CRUS – 17JAN Expiration $55 Strike Price Call – Filled at $4.30 (8/12/19)
CWEN – 15NOV Expiration $17.5 Strike Price Call – Filled at $0.80
FRTA – 20DEC Expiration $7.5 Strike Price Call – Filled at $0.70
LOB – 20DEC Expiration $20 Strike Price Call – Filled at $1.20 (8/5/19)
SPWR – 17JAN Expiration $13 Strike Price Call – Filled at $2.09
STAR – 18OCT Expiration $12.5 Strike Price Call – Filled at $0.85
All the best,
Roger Scott