June 24, 2019 –

Nxp Semiconductors (NXPI) – move Trailing Stop up to the $89.83 price level.

If you’re trading the option(s)… keep in mind, we are using the option as a proxy for the stock.

June 24, 2019 –

Celgene Corp (CELG) came out with negative fundamental news after the opening bell. We don’t like the momentum it’s exhibiting and price action is pointing to more downside. Let’s replace it with a stock that has stronger opportunity for upside. 

Please LIQUIDATE the following Equity AND/OR Options position(s) (SELL TO CLOSE Options position):

Celgene Corp (CELG)

If you traded the option…
CELG: 18OCT $97.5 Strike Price CALL or the 18OCT $100 Strike Price CALL (if you’ve already placed this week’s rotation)

Please INITIATE the following Equity AND/OR Options position(s) (BUY TO OPEN Options position):

Nxp Semiconductors (NXPI)
NXPI: +25% Allocation | $89.35 Protective Stop Loss | $110.40 Profit Objective

If you’re trading the option…
NXPI: 18OCT $100 Strike Price CALL (Expires October 18, 2019)