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

     

The stock is tanking:

 

BTC 10 TGT 24Jul20 125 calls (TGT200724C125)

STC 10 TGT 14Aug20 125 calls (TGT200814C125) for a credit of $1.45 (selling a calendar)  

 

BTO 8 TGT 14Aug20 118 puts (TGT200814P118)
STO 8 TGT 24Jul20 118 puts (TGT200724P118) for a debit of $1.92  (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