August 19, 2020 Terry’s Tips Trade Alert  #2 - Earnings  Eagle Portfolio

We remain severely negative net delta:

BTC 2 TGT 21Aug20 140 calls (TGT200821C140)
STO 2 TGT 21Aug20 155 calls (TGT200821C155) for a debit of $11.40 (buying a vertical)

BTC 2 TGT 21Aug20 141 calls (TGT200821C141)
STO 2 TGT 21Aug20 155 calls (TGT200821C155) for a debit of $10.50 (buying a vertical)

BTO 1 TGT 16Oct20 155 call (TGT201016C155)
STC 1 TGT 16Oct20 135 call (TGT201016C135) for a credit of $13.50 (selling a vertical)

BTO 1 TGT 16Oct20 155 call (TGT201016C155)
STC 1 TGT 16Oct20 140 call (TGT201016C140) for a credit of $9.50 (selling a vertical)

BTO 2 TGT 16Oct20 155 calls (TGT201016C155)
STC 2 TGT 16Oct20 145 calls (TGT201016C145) for a credit of $5.80 (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