April 16, 2020  Terry’s Tips Trade Alert  –  Earnings Eagle  Portfolio

 

We have become negative net delta:

 

BTC 5 TGT 17Apr20 105 puts (TGT200417P105)

STO 5 TGT 24Apr20 105 puts (TGT200424P105) for a credit of $1.07 (selling a calendar)

 

BTC 2 TGT 17Apr20 105 puts (TGT200417P105)

STO 2 TGT 24Apr20 107 puts (TGT200424P107) for a credit of $1.60 (selling a diagonal)

 

BTO 1 TGT 19Jun20 110 put (TGT200619P110)

STO 1 TGT 24Apr20 108 put (TGT200424P108) for a debit of $7.80 (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