April 14, 2020  Terry’s Tips Trade Alert  – Earnings  Eagle  Portfolio

 

We have become negative net delta:

 

BTC 3 TGT 17Apr20 97.5 puts (TGT200417P97.5)

STO 3 TGT 17Apr20 105 puts (TGT200417P105)

BTO 3 TGT 19Jun20 105 puts (TGT200619P105)

STC 3 TGT 19Jun20 97.5 puts (TGT200619P97.5) for a debit of $1.79 (buying a vertical roll)

 

BTC 4 TGT 17Apr20 103 puts (TGT200417P103)
STO 4 TGT 17Apr20 105 puts (TGT200417P105) for a credit of $.41 (selling a vertical)

 

BTC 3 TGT 17Apr20 100 puts (TGT200417P100)

STC 3 TGT 19Jun20 100 puts (TGT200619P100) for a credit of $4.67 (selling a calendar)

 

BTO 2 TGT 19Jun20 110 calls (TGT200619C110)

STO 2 TGT 17Apr20 109 calls (TGT200417C109) for a debit of $4.80 (buying a diagonal)

 

Be[Ta1]  prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry