First Strike Portfolio Trade Actions to take MONDAY August 12, 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 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.

CELG: +25%Allocation | $86.22 Protective Stop Loss | $106.56 Profit Objective
MSFT: +25%
Allocation | $127.80 Protective Stop Loss | $154.24 Profit Objective
NXPI: +25% Allocation | $92.76 Protective Stop Loss | $111.87 Profit Objective

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

CELG 18OCT $95 Strike Price CALL (Expires October 18, 2019)
NXPI 18OCT $105
Strike Price CALL (Expires October 18, 2019)

If you traded the Options on MSFT, please SELL TO CLOSE the MSFT 20SEP $140 Strike Price CALL (Expires September 20, 2019) AND BUY TO OPEN the MSFT 18OCT $140 Strike Price CALL (Expires October 18, 2019) within the last 20 to 30 minutes of the trading session.

Please LIQUIDATE the following Equity and/or Option position (SELL TO CLOSE) within the last 20 to 30 minutes of the trading session.

Lam Research Corp (LRCX)

If you traded the option…

SELL TO CLOSE the LRCX 20SEP $210 Strike Price CALL (Expires September 20, 2019)

Please INITIATE the following Equity and/or Option position (BUY TO OPEN) within the last 20 to 30 minutes of the trading session.

Facebook Inc (FB)

FB: +25% Allocation | $172.26 Protective Stop Loss | $210.39 Profit Objective

If you trade the option…

BUY TO OPEN then FB 18OCT $195 Strike Price CALL (Expires October 18, 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