December 2, 2020 Terry’s Tips Trade Alert – Earnings  Eagle Portfolio

We will begin rolling to next week to reduce delta:

BTC 1 TGT 04Dec20 187.5 call  (TGT201204C187.5)
STC 1 TGT 15Jan21 190 call  (TGT210115C190) for a credit of $2.20 (selling a diagonal) (100%)

BTC 4 TGT 04Dec20 185 calls  (TGT201204C185)
STO 4 TGT 11Dec20 177.5 calls  (TGT201211C177.5) for a credit of $2.30 (selling a diagonal) (100%)

BTO 3 TGT 15Jan21 180 calls  (TGT210115C180)
STC 3 TGT 15Jan21 190 calls  (TGT210115C190) for a debit of $3.15 (buying a vertical) (100%)


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

Happy trading.

Terry