First Strike Portfolio Trade Actions to take TODAY – MONDAY April 8, 2019

The First Strike Portfolio rotation is today.

We are allocating the portfolio as follows:

AMAT:  +25% Allocation  |  $39.14 Protective Stop Loss  |  $48.08 Profit Objective
AVGO:  +25% Allocation  |  $277.27 Protective Stop Loss  |  $340.64 Profit Objective
LRCX:  +25% Allocation  |  $176.60 Protective Stop Loss  |  $216.83 Profit Objective
SBUX:  +25% Allocation  |  $67.72 Protective Stop Loss  |  $83.41 Profit Objective

We will liquidate (SELL TO CLOSE Options contracts) and – if necessary – initiate any new positions (BUY TO OPEN Options contracts) within the first 45 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:

AMAT – 19JUL $43 Strike Price CALL (Expires July 19, 2019)
AVGO – 21JUN $310 Strike Price CALL (Expires June 21, 2019)
LRCX – 21JUN $195 Strike Price CALL (Expires June 21, 2019)
SBUX – 21JUN $75 Strike Price CALL (Expires June 21, 2019)

All The Best,

Roger Scott
WealthPress