August 18, 2020 Terry’s Tips Trade Alert  - Earnings  Eagle Portfolio

We can buy more spreads and add theta with our excess cash ahead of earnings tomorrow morning:

BTO 1 TGT 16Oct20 135 put (TGT201016P135)
STO 1 TGT 21Aug20 138 put (TGT200821P138) for a debit of $1.85 (buying a diagonal)

BTO 1 TGT 16Oct20 140 put (TGT201016P140)
STO 1 TGT 21Aug20 138 put (TGT200821P138) for a debit of $4.25 (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