July 2, 2020  Terry’s Tips Trade Alert #2  –  Earnings  Eagle  Portfolio

 

These trades will get us set up for next week:

 

BTC 4 TGT 02Jul20 120 puts (TGT200702P120)

STO 4 TGT 10Jul20 120 puts (TGT200710P120) for a credit of $1.14 (selling a calendar)

 

BTC 10 TGT 02Jul20 120 calls (TGT200702C120) for a limit of $.05 (no commission)

If that trade executes:

STO 10 TGT 10Jul20 120 calls (TGT200710C120) for $1.18

 

BTO 4 TGT 21Aug20 120 puts (TGT200821P120)

STC 4 TGT 17Jul20 120 puts (TGT200717P120) for a debit of $3.72  (buying a calendar)

                                                 

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

 

Happy trading.

 

Terry