First Strike Portfolio Trade Actions to take MONDAY June 10, 2019
The First Strike Portfolio rotation is today.
Please liquidate the following EQUITY AND OPTIONS position(s) (SELL TO CLOSE Options contracts if you trade options) within the first 45 minutes of the trading session.
INTU – 19JUL $260 Strike Price CALL (Expires July 19, 2019)
SBUX – 19JUL $75 Strike Price CALL (Expires July 19, 2019)
Please liquidate ONLY the following OPTIONS position(s) (SELL TO CLOSE Options contracts if you trade options) within the first 45 minutes of the trading session.
ADBE – 19JUL $290 Strike Price CALL (Expires July 19, 2019)
CELG – 19JUL $95 Strike Price CALL (Expires July 19, 2019)
This rotation includes the following equity 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.
ADBE: +25% Allocation | $256.54 Protective Stop Loss | $311.54 Profit Objective
CELG: +25% Allocation | $87.00 Protective Stop Loss | $107.56 Profit Objective
Please initiate the following Equity and Options position(s) (BUY TO OPEN Options contracts if you trade options) within the first 45 minutes of the trading session.
FB: +25% Allocation | $156.83 Protective Stop Loss | $194.15 Profit Objective
LRCX: +25% Allocation | $170.71 Protective Stop Loss | $209.08 Profit Objective
ADBE – 20SEP $300 Strike Price CALL (Expires September 20, 2019)
CELG – 18OCT $97.5 Strike Price CALL (Expires October 18, 2019)
FB – 20SEP $180 Strike Price CALL (Expires September 20, 2019)
LRCX – 20SEP $195 Strike Price CALL (Expires September 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