August 10, 2020 Terry’s Tips Trade Alert  #2– Earnings  Eagle Portfolio

We continue to be negative net delta:

BTC 3 TGT 14Aug20 130 puts (TGT200814P130)
STO 3 TGT 14Aug20 133 puts (TGT200814P133) for a credit of $0.90 (selling a vertical)

BTO 1 TGT 16Oct20 135 put (TGT201016P135)
STC 1 TGT 16Oct20 125 put (TGT201016P125) for a debit of $4.35 (buying a vertical)

BTC 2 TGT 14Aug20 132 calls (TGT200814C132)
STO 2 TGT 14Aug20 135 calls (TGT200814C135) for a debit of $1.50 (buying a vertical)

BTO 1 TGT 16Oct20 135 call (TGT201016C135)
STC 1 TGT 16Oct20 130 call (TGT201016C130) for a credit of $2.50 (selling a vertical)
 

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

Happy trading.

Terry