December 3, 2020 Terry’s Tips Trade Alert – Earnings  Eagle Portfolio

We continue rolling to next week to reduce delta:

BTC 2 TGT 04Dec20 182.5 calls (TGT201204C182.5)
STO 2 TGT 11Dec20 175 calls (TGT201211C175) for a credit of $2.90 (selling a diagonal) (100%)

BTO 1 TGT 15Jan21 170 call  (TGT210115C170)
STC 1 TGT 15Jan21 185 call  (TGT210115C185) for a debit of $6.80 (buying a vertical) (50%)

BTC 1 TGT 04Dec20 180 put (TGT201204P180)
STO 1 TGT 11Dec20 175 put (TGT201211P175) for a debit of $2.15 (selling a diagonal) (100%)

BTC 3 TGT 04Dec20 180 calls (TGT201204C180)
STO 3 TGT 11Dec20 180 calls (TGT201211C180) for a credit of $1.00 (selling a calendar) (100%)


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

Happy trading.

Terry