April 21, 2020  Terry’s Tips Trade Alert #2  –  Earnings Eagle  Portfolio

 

We continue to be uncomfortably long:

 

BTC 3 TGT 24Apr20 115 calls (TGT200424C115)

STO 3 TGT 1May20 112 calls (TGT200501C112) for a credit of $.80 (selling a diagonal)

 

BTC 3 TGT 24Apr20 113 calls (TGT200424C113)

STO 3 TGT 1May20 113 calls (TGT200501C113) for a credit of $.62 (selling a calendar)

 

BTO 1 TGT 19Jun20 105 put (TGT200619P105)

STO 1 TGT 24Apr20 104 put (TGT200424P104) for a debit of $6.48 (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