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

 

We need to roll these short calls to higher strikes:

 

BTC 3 TGT 02Jul20 117 calls (TGT200702C117)
STO 3 TGT 10Jul20 122 calls (TGT200710C122) for a debit of $2.13 (selling a diagonal)

 

BTC 2 TGT 02Jul20 118 calls (TGT200702C118)
STO 2 TGT 10Jul20 123 calls (TGT200710C123) for a debit of $1.64 (selling a diagonal)

BTO 3 TGT 21Aug20 125 calls (TGT200821C125)

STC 3 TGT 21Aug20 115 calls (TGT200821C115) for a credit of $5.09 (selling a vertical)

                                                 

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

 

Happy trading.

 

Terry