December 23, 2020 Terry’s Tips Trade Alert – Earnings  Eagle Portfolio

We will start rolling out two weeks to 8Jan, as prices are more favorable. We also will be raising strikes to increase delta:

BTC 5 TGT 24Dec20 170 calls (TGT201224C170)
STO 5 TGT 08Jan21 177.5 calls (TGT210108C177.5) for a debit of $2.60 (selling a diagonal) (100%)

BTO 2 TGT 19Feb21 185 calls (TGT210219C185)
STC 2 TGT 22Jan21 172.5 calls (TGT210122C172.5) for a credit of $3.10 (buying a diagonal) (100%)

BTO 3 TGT 19Feb21 175 calls (TGT210219C175)
STC 3 TGT 29Jan21 170 calls (TGT210129C170) for a credit of $1.35 (buying a diagonal) (42%)


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

Happy trading.

Terry