August 3, 2020 Terry’s Tips Trade Alert  #2 – Earnings  Eagle Portfolio

We continue to raise strikes and add 16Oct spreads:
 
BTC 9 TGT 07Aug20 124 puts (TGT200807P124)
STO 9 TGT 07Aug20 126 puts (TGT200807P126)
BTO 9 TGT 14Aug20 126 puts (TGT200814P126)
STC 9 TGT 14Aug20 124 puts (TGT200814P124) for a debit of $0.20 (buying a vertical roll)

BTC 6 TGT 07Aug20 123 puts (TGT200807P123)
STO 6 TGT 07Aug20 125 puts (TGT200807P125)
BTO 6 TGT 14Aug20 125 puts (TGT200814P125)
STC 6 TGT 14Aug20 123 puts (TGT200814P123) for a debit of $0.20 (buying a vertical roll)

BTO 3 TGT 16Oct20 130 calls (TGT201016C130)
STO 3 TGT 07Aug20 130 calls (TGT200807C130) for a debit of $4.90 (buying a calendar)


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

Happy trading.

Terry