First Strike Portfolio Trade Actions to take MONDAY August 19, 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.
FB: +25% Allocation | $172.63 Protective Stop Loss | $205.74 Profit Objective
MSFT: +25% Allocation | $127.80 Protective Stop Loss | $152.47 Profit Objective
NXPI: +25% Allocation | $93.68 Protective Stop Loss | $115.99 Profit Objective
We’re continuing to hold onto the following options positions:
FB 18OCT $195 Strike Price CALL (Expires October 18, 2019)
MSFT 18OCT $140 Strike Price CALL (Expires October 18, 2019)
NXPI 18OCT $105 Strike Price CALL (Expires October 18, 2019)
Please LIQUIDATE the following Equity and/or Option position (SELL TO CLOSE) within the last 20 to 30 minutes of the trading session.
Celgene Corporation (CELG)
If you traded the option…
SELL TO CLOSE the CELG 18OCT $95 Strike Price CALL (Expires October 18, 2019)
Please INITIATE the following Equity and/or Option position (BUY TO OPEN) within the last 20 to 30 minutes of the trading session.
Amgen Inc. (AMGN)
AMGN: +25% Allocation | $185.32 Protective Stop Loss | $228.50 Profit Objective
If you trade the option…
BUY TO OPEN then AMGN 18OCT $210 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