First Strike Portfolio Trade Actions to take MONDAY July 8, 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 | $275.89 Protective Stop Loss | $340.45 Profit Objective
FB: +25% Allocation | $178.05 Protective Stop Loss | $219.97 Profit Objective
LRCX: +25% Allocation | $178.55 Protective Stop Loss | $205.68 Profit Objective
SNPS: +25% Allocation | $122.25 Protective Stop Loss | $151.65 Profit Objective

We’re continuing to hold onto the following options positions:

ADBE: 20SEP $320 Strike Price CALL (Expires September 20, 2019)
FB: 20SEP $200 Strike Price CALL (Expires September 20, 2019)
LRCX: 20SEP $195 Strike Price CALL (Expires September 20, 2019)

If you traded the Options, please LIQUIDATE the following Option position…

Sell to Close the SNPS 20SEP $135 Strike Price CALL (Expires September 20, 2019)

and, INITIATE the following Option position within the first 45 minutes of the trading session.

Buy to Open the SNPS 20SEP $140 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