August 7, 2020 Terry’s Tips Trade Alert  #3 – Earnings  Eagle Portfolio

We will raise delta with these trades:

BTO 1 TGT 16Oct20 135 call (TGT201016C135)
STO 1 TGT 14Aug20 134 call (TGT200814C134) for a debit of $4.35 (buying a diagonal)

BTC 1 TGT 14Aug20 128 put (TGT200814P128)
STO 1 TGT 14Aug20 131 put (TGT200814P131) for a credit of $0.90 (selling a vertical)

BTC 1 TGT 14Aug20 128 put (TGT200814P128)
STO 1 TGT 14Aug20 130 put (TGT200814P130) for a credit of $0.50 (selling a vertical)

BTO 1 TGT 16Oct20 130 put (TGT201016P130)
STC 1 TGT 16Oct20 125 put (TGT201016P125) for a debit of $2.15 (buying a vertical)
 

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

Happy trading.

Terry