First Strike Portfolio Trade Actions to take MONDAY November 18, 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
CTXS: +25% Allocation 

If you traded the options…

AMGN HOLD the AMGN 17JAN $225 Strike Price CALL (Expires January 17, 2020)
CTXS HOLD the CTXS 17JAN $110 Strike Price CALL (Expires January 17, 2020)

Sell from the previous rotation…

KLAC – SELL TO CLOSE 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.

MCHP – SELL TO CLOSE 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 are adding two new picks this week…

AVGO: 25% Allocation
Options traders, BUY TO OPEN the AVGO 17 JAN $320 Strike price CALL 

CELG: 25% Allocation
Options trades, BUY TO OPEN the CELG 17 JAN $110 Strike price CALL

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

All The Best,
Roger Scott