August 14, 2020 Terry’s Tips Trade Alert  #3 - Earnings  Eagle Portfolio

We can buy more spreads with our excess cash ahead of earnings next week:

BTO 1 TGT 16Oct20 140 call (TGT201016C140)
STO 1 TGT 21Aug20 136 call (TGT200821C136) for a debit of $1.15 (buying a diagonal)

BTO 2 TGT 16Oct20 140 calls (TGT201016C140)
STO 2 TGT 21Aug20 138 calls (TGT200821C138) for a debit of $2.05 (buying a diagonal)

BTO 1 TGT 16Oct20 140 call (TGT201016C140)
STO 1 TGT 21Aug20 140 call (TGT200821C140) for a debit of $2.80 (buying a calendar)

BTO 2 TGT 16Oct20 145 calls (TGT201016C145)
STO 2 TGT 21Aug20 141 calls (TGT200821C141) for a debit of $1.35 (buying a diagonal)
 
BTO 1 TGT 16Oct20 130 put (TGT201016P130)
STO 1 TGT 21Aug20 132 put (TGT200821P132) for a debit of $2.20 (buying a diagonal)

BTO 1 TGT 16Oct20 135 put (TGT201016P135)
STO 1 TGT 21Aug20 132 put (TGT200821P132) for a debit of $4.20 (buying a diagonal)


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

Happy trading.

Terry