December 4, 2020 Terry’s Tips Trade Alert #3 – Earnings  Eagle Portfolio

We can buy spreads with our excess cash:

BTO 2 TGT 15Jan21 170 puts (TGT210115P170)  
STO 2 TGT 11Dec20 175 puts (TGT201211P175) for a debit of $2.00 (buying a diagonal)

BTO 2 TGT 22Jan21 172.5 calls (TGT210122C172.5)  
STO 2 TGT 11Dec20 172.5 calls (TGT201211C172.5) for a debit of $4.80 (buying a calendar)

BTO 1 TGT 15Jan21 170 put (TGT210115P170)  
STO 1 TGT 11Dec20 170 put (TGT201211P170) for a debit of $3.85 (buying a calendar)


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

Happy trading.

Terry