First Strike Portfolio Trade Actions to take MONDAY September 23, 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 | $89.89 Protective Stop Loss | $111.29 Profit Objective
EXPE: +25% Allocation | $122.65 Protective Stop Loss | $150.28 Profit Objective
NXPI: +25% Allocation | $99.16 Protective Stop Loss | $117.38 Profit Objective

If you traded the options on EXPE and NXPI…

SELL TO CLOSE the EXPE 15NOV $135 Strike Price CALL AND 
BUY TO OPEN the EXPE 17JAN $140 Strike Price CALL (Expires January 17, 2020)

SELL TO CLOSE the NXPI 15NOV $115 Strike Price CALL AND 
BUY TO OPEN the NXPI 17JAN $110 Strike Price CALL (Expires January 17, 2020)

Please LIQUIDATE the following Equity and/or Option position (SELL TO CLOSE) between the current mid price and bid price during the last 20 to 30 minutes of the trading session.

Qualcomm Inc (QCOM)

If you traded the option…

SELL TO CLOSE the QCOM 20DEC $80 Strike Price CALL

Please INITIATE the following Equity and/or Option position (BUY TO OPEN) between the current mid price and ask price during the last 20 to 30 minutes of the trading session.

K L A-Tencor Corp (KLAC)

KLAC: +25% Allocation | $143.00 Protective Stop Loss | $174.16 Profit Objective

If you trade the option…

BUY TO OPEN the KLAC 20DEC $160 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