First Strike Portfolio Trade Actions to take MONDAY August 26, 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.
AMGN: +25% Allocation | $186.26 Protective Stop Loss | $222.97 Profit Objective
We’re continuing to hold onto the following options positions:
AMGN 18OCT $210 Strike Price CALL (Expires October 18, 2019)
Please LIQUIDATE the following Equity and/or Option positions (SELL TO CLOSE) within the last 20 to 30 minutes of the trading session.
Facebook Inc (FB)
Microsoft Corp (MSFT)
Nxp Semiconductors (NXPI)
If you traded the option…
SELL TO CLOSE the FB 18OCT $195 Strike Price CALL (Expires October 18, 2019)
SELL TO CLOSE the MSFT 18OCT $140 Strike Price CALL (Expires October 18, 2019)
SELL TO CLOSE the NXPI 18OCT $105 Strike Price CALL (Expires October 18, 2019)
Please INITIATE the following Equity and/or Option positions (BUY TO OPEN) within the last 20 to 30 minutes of the trading session.
K L A-Tencor Corp (KLAC)
Qualcomm Inc (QCOM)
Synopsys Inc (SNPS)
KLAC: +25% Allocation | $130.35 Protective Stop Loss | $155.85 Profit Objective
QCOM: +25% Allocation | $71.35 Protective Stop Loss | $82.34 Profit Objective
SNPS: +25% Allocation | $127.02 Protective Stop Loss | $151.26 Profit Objective
If you trade the option…
BUY TO OPEN the KLAC 20DEC $145 Strike Price CALL (Expires December 20, 2019)
BUY TO OPEN the QCOM 18OCT $75 Strike Price CALL (Expires October 18, 2019)
BUY TO OPEN the SNPS 20DEC $145 Strike Price CALL (Expires December 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