December 11, 2020 Terry’s Tips Trade Alert – Earnings  Eagle Portfolio

We will begin rolling out to next week by rolling options that are well in the money:

BTC 2 TGT 11Dec20  175 puts (TGT201211P175)
STO 2 TGT 18Dec20 172.5 puts (TGT201218P172.5) for a debit of $0.15 (selling a diagonal) (50%)

BTC 2 TGT 11Dec20  175 puts (TGT201211P175)
STO 2 TGT 18Dec20 170 puts (TGT201218P170) for a debit of $1.20 (selling a diagonal) (100%)

BTC 3 TGT 11Dec20  170 calls (TGT201211C170)
STO 3 TGT 18Dec20 175 calls (TGT201218C175) for a debit of $1.25 (selling a diagonal) (100%)

BTO 3 TGT 29Jan21 175 calls (TGT210129C175)
STC 3 TGT 15Jan21 170 calls (TGT210115C170) for a credit of $1.40 (buying a diagonal) (50%)


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

Happy trading.

Terry