First Strike Portfolio Trade Actions to take MONDAY July 1, 2019
The First Strike Portfolio rotation is today.
This rotation includes the following Equity AND Options position(s) that were included in the previous rotation with adjusted Protective Stop Loss and Profit Objectives. 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 | $274.20 Protective Stop Loss | $330.00 Profit Objective
FB: +25% Allocation | $175.46 Protective Stop Loss | $216.16 Profit Objective
SNPS: +25% Allocation | $117.84 Protective Stop Loss | $144.13 Profit Objective
If you traded the options…
ADBE: 20SEP $320 Strike Price CALL (Expires September 20, 2019)
FB: 20SEP $200 Strike Price CALL (Expires September 20, 2019)
SNPS: 20SEP $135 Strike Price CALL (Expires September 20, 2019)
Please LIQUIDATE the following Equity and/or Option position (SELL TO CLOSE) within the first 45 minutes of the trading session.
Nxp Semiconductors (NXPI)
If you traded the option…
Sell to Close the NXPI 18OCT $100 Strike Price CALL (Expires October 18, 2019)
Please INITIATE the following Equity and/or Option position (BUY TO OPEN) within the first 45 minutes of the trading session.
LRCX: +25% Allocation | $171.15 Protective Stop Loss | $210.38 Profit Objective
If you trade the option…
Buy to Open then 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