July 20, 2020 Terry’s Tips Trade Alert #2 – Earnings  Eagle  Portfolio

     

We should roll down more strikes:

 

BTC 5 TGT 24Jul20 124 calls (TGT200724C124)

STC 5 TGT 14Aug20 124 calls (TGT200814C124) for a credit of $1.52 (selling a calendar)  

 

BTO 3 TGT 14Aug20 117 puts (TGT200814P117)
STO 3 TGT 24Jul20 117 puts (TGT200724P117) for a debit of $1.88  (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