We added a couple of shares of stock in our automated portfolio builder account as follows: Bought 1 share of BRK-B at 473.41
Bought 1 share of NUE at 171.94
Bought 2 shares of UNH at 289.54 – we didn’t own any shares of UNH and this is a first purchase, we did NOT set it up as an automated investment but may add to the position over time.In addition, we added the following trade setup in BIIB. This is the first pullback with the 20/50 bearish crossover setup. The company reports earnings on February 6th which will impact our trade but we like the setup overall.
Buy to open: BIIB April 17th (monthly) 170.00 strike put (ratio of 1)
Sell to open: BIIB April 17th (monthly) 150.00 strike put (ratio of 2)
Buy to open: BIIB April 17th (monthly) 130.00 strike put (ratio of 1)
Debit: 3.60
Max Risk = 3.60 or $360.00 per spread
Max Reward = 16.40 or $1,640 per spread