First Strike Portfolio Trade Actions to take TUESDAY September 3, 2019

The First Strike Portfolio rotation is today.

This rotation includes the following Equity 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.

KLAC: +25% Allocation | $134.20 Protective Stop Loss | $166.65 Profit Objective

If you traded the option…
SELL TO CLOSE the KLAC 20DEC $145 Strike Price CALL (Expires December 20, 2019) AND 
BUY TO OPEN the KLAC 17JAN $150 Strike Price CALL (Expires January 17, 2020)

QCOM: +25% Allocation | $70.40 Protective Stop Loss | $87.10 Profit Objective

If you traded the option…
SELL TO CLOSE
the QCOM 18OCT $75 Strike Price CALL (Expires October 18, 2019) AND 
BUY TO OPEN the QCOM 15NOV $77.5 Strike Price CALL (Expires November 15, 2019)

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

Amgen Inc (AMGN)
Synopsys Inc (SNPS)

If you traded the option…

SELL TO CLOSE the AMGN 18OCT $210 Strike Price CALL (Expires October 18, 2019)
SELL TO CLOSE
the SNPS 20DEC $145 Strike Price CALL (Expires December 20, 2019)

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

Celgene Corp (CELG)
Expedia Group Inc (EXPE)

CELG: +25% Allocation | $87.95 Protective Stop Loss | $108.42 Profit Objective
EXPE: +25% Allocation | $118.50 Protective Stop Loss | $144.71 Profit Objective

If you trade the option…

BUY TO OPEN the CELG 17JAN $97.5 Strike Price CALL (Expires January 17, 2020)
BUY TO OPEN the EXPE 17JAN $130 Strike Price CALL (Expires January 17, 2020)

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