First Strike Portfolio Trade Actions to take MONDAY November 11, 2019

The First Strike Portfolio rotation is today.

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

AMGN: +25% Allocation | $199.57 Protective Stop Loss | $247.64 Profit Objective
CTXS: +25% Allocation | $99.90 Protective Stop Loss | $124.02 Profit Objective
KLAC: +25% Allocation | $158.24 Protective Stop Loss | $195.12 Profit Objective

If you traded the options…

AMGN – SELL TO CLOSE the AMGN 17JAN $220 Strike Price CALL AND
BUY TO OPEN the AMGN 17JAN $225 Strike Price CALL (Expires January 17, 2020)

CTXS – HOLD the CTXS 17JAN $110 Strike Price CALL (Expires January 17, 2020)

KLAC – SELL TO CLOSE the KLAC 20DEC $170 Strike Price CALL AND
BUY TO OPEN the KLAC 17JAN $175 Strike Price CALL (Expires January 17, 2020)

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

Facebook Inc (FB)

If you traded the option…

SELL TO CLOSE the FB 20DEC $195 Strike Price CALL

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

Microchip Technology (MCHP)

MCHP: +25% Allocation | $87.02 Protective Stop Loss | $107.76 Profit Objective

If you trade the option…

BUY TO OPEN the MCHP 17JAN $97.5 Strike Price CALL (Expires January 17, 2020)

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