July 27, 2020 Terry’s Tips Trade Alert  – Earnings Eagle Portfolio

These trades reduce delta by freeing up the cash locked in our long calls:

BTO 8 TGT 14Aug20 123 calls (TGT200814C123)
STC 8 TGT 14Aug20 120 calls (TGT200814C120) for a credit of $1.80 (selling a vertical)

BTO 8 TGT 14Aug20 124 calls (TGT200814C124)
STC 8 TGT 14Aug20 122 calls (TGT200814C122) for a credit of $1.10 (selling a vertical)

BTO 7 TGT 14Aug20 125 calls (TGT200814C125)
STC 7 TGT 14Aug20 122 calls (TGT200814C122) for a credit of $1.50 (selling a vertical)


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

Happy trading.

Terry