First Strike Portfolio Trade Actions to take MONDAY May 20, 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. 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 | $87.00 Protective Stop Loss | $106.15 Profit Objective
FB: +25% Allocation | $171.38 Protective Stop Loss | $207.05 Profit Objective

CELG – 19JUL $95 Strike Price CALL (Expires July 19, 2019)
FB – 19JUL $190 Strike Price CALL (Expires July 19, 2019)

Please initiate the following new positions (BUY TO OPEN Options contracts if you trade options) within the first 45 minutes of the trading session. We will update you after the close in the Members Area Daily Update.

LRCX: +25% Allocation | $180.40 Protective Stop Loss | $217.45 Profit Objective
ADBE: +25% Allocation | $256.54 Protective Stop Loss | $313.43 Profit Objective

LRCX – 20SEP $205 Strike Price CALL (Expires September 20, 2019)
ADBE – 19JUL $290 Strike Price CALL (Expires July 19, 2019)

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

All The Best,

Roger Scott