December 8, 2020 Terry’s Tips Trade Alert – Earnings  Eagle Portfolio

We have become negative net delta:

BTC 3 TGT 11Dec20  167.5 puts (TGT201211P167.5)
STO 3 TGT 11Dec20 175 puts (TGT201211P175) for a credit of $2.25 (selling a vertical) (100%)

BTO 2 TGT 15Jan21 175 puts (TGT210115P175) 
STC 2 TGT 15Jan21 165 puts  (TGT210115P165) for a debit of $4.05 (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