February 28, 2020  Terry’s Tips Trade Alert  –  Earnings Eagle  Portfolio

 

We will use up the balance of our money to add spreads at still lower prices as the stock continues to fall:

 

BTO 2 TGT 19Jun20 95 puts (TGT200619P95)

STO 2 TGT 6Mar20 95 puts (TGT200306P95) for a debit of $3.65  (buying a calendar)

 

BTO 2 TGT 19Jun20 95 puts (TGT200619P95)

STO 2 TGT 6Mar20 97 puts (TGT200306P97) for a debit of $3.10  (buying a diagonal)

 

BTO 2 TGT 19Jun20 100 puts (TGT200619P100)

STO 2 TGT 6Mar20 98 puts (TGT200306P98) for a debit of $4.80  (buying a diagonal)

         

Be[Ta1]  prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry