First Strike Portfolio Trade Actions to take MONDAY October 14, 2019

The First Strike Portfolio rotation is today.

This rotation includes the following Equity and Option position(s) that were included in the previous rotation with adjusted Protective Stop Loss and Profit Objectives. Do not liquidate the position(s). Simply, adjust the percentage (if necessary) to 25% so as to match the other positions in the current rotation.

CELG: +25% Allocation | $91.06 Protective Stop Loss | $112.64 Profit Objective
NXPI: +25% Allocation | $102.38 Protective Stop Loss | $124.05 Profit Objective

If you traded the options…

HOLD the CELG 17JAN $100 Strike Price CALL (Expires January 17, 2020)

SELL TO CLOSE the NXPI 17JAN $110 Strike Price CALL AND BUY TO OPEN the NXPI 17JAN $115 Strike Price CALL (Expires January 17, 2020)

Please LIQUIDATE the following Equity and/or Option position(s) (SELL TO CLOSE) between the current mid price and bid price during the last 20 to 30 minutes of the trading session.

K L A-Tencor Corp (KLAC)
S&P Midcap 400 Pure Growth Invesco ETF (RFG)

If you traded the Midcap 400 Short Proshares (MYY) in lieu of the S&P Midcap 400 Pure Growth Invesco ETF (RFG)… LIQUIDATE the position.

If you traded the options…

SELL TO CLOSE the KLAC 17JAN $165 Strike Price CALL
SELL TO CLOSE the MDY 20DEC $335 Strike Price PUT

Please INITIATE the following Equity and Option position(s) (BUY TO OPEN) between the current mid price and ask price during the last 20 to 30 minutes of the trading session.

Expedia Group Inc (EXPE)
Synopsys Inc (SNPS)

EXPE: +25% Allocation | $126.17 Protective Stop Loss | $154.86 Profit Objective
SNPS: +25% Allocation | $127.24 Protective Stop Loss | $155.24 Profit Objective

If you trade the options…

BUY TO OPEN the EXPE 17JAN $140 Strike Price CALL (Expires January 17, 2020)
BUY TO OPEN the SNPS 20DEC $140 Strike Price CALL (Expires December 20, 2019)

If this is your first rotation – if you are initiating positions for the first time ever – then initiate all 4 positions.

We will update you after the close in the Members Area Daily Update.

All The Best,

Roger Scott
WealthPress