August 4, 2020 Terry’s Tips Trade Alert  – Earnings  Eagle Portfolio

We have become negative net delta:
 
BTC 3 TGT 07Aug20 127 calls (TGT200807C127)
STO 3 TGT 07Aug20 131 calls (TGT200807C131)
BTO 3 TGT 14Aug20 131 calls (TGT200814C131)
STC 3 TGT 14Aug20 127 calls (TGT200814C127) for a debit of $0.05 (selling a vertical roll)

BTC 6 TGT 07Aug20 125 puts (TGT200807P125)
STC 6 TGT 14Aug20 125 puts (TGT200814P125) for a credit of $0.50 (selling a calendar)

BTC 9 TGT 07Aug20 126 puts (TGT200807P126)
STC 9 TGT 14Aug20 126 puts (TGT200814P126) for a credit of $0.60 (selling a calendar)


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

Happy trading.

Terry