August 19, 2020 Terry’s Tips Trade Alert  #3 - Earnings  Eagle Portfolio

We continue to raise delta, this time on the put side:

BTC 2 TGT 21Aug20 132 puts (TGT200821P132)
STC 2 TGT 16Oct20 130 puts (TGT201016P130) for a credit of $1.00 (selling a diagonal)

BTC 1 TGT 21Aug20 133 put (TGT200821P133)
STC 1 TGT 16Oct20 130 put (TGT201016P130) for a credit of $1.00 (selling a diagonal)

BTC 2 TGT 21Aug20 134 puts (TGT200821P134)
STC 2 TGT 16Oct20 135 puts (TGT201016P135) for a credit of $1.55 (selling a diagonal)

BTC 2 TGT 21Aug20 135 puts (TGT200821P135)
STC 2 TGT 16Oct20 135 puts (TGT201016P135) for a credit of $1.55 (selling a diagonal)

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

Happy trading.

Terry