July 29, 2020 Terry’s Tips Trade Alert  – Earnings  Eagle Portfolio

We have become negative net delta:

BTC 4 TGT 31Jul20 123 calls (TGT200731C123)
STO 4 TGT 31Jul20 126 calls (TGT200731C126)
BTO 4 TGT 14Aug20 126 calls (TGT200814C126)
STC 4 TGT 14Aug20 123 calls (TGT200814C123) for a credit of $0.10 (selling a vertical roll)

BTC 5 TGT 31Jul20 122 puts (TGT200731P122)
STO 5 TGT 31Jul20 125 puts (TGT200731P125)
BTO 5 TGT 14Aug20 125 puts (TGT200814P125)
STC 5 TGT 14Aug20 122 puts (TGT200814P122) for a debit of $0.20 (buying a vertical roll)


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

Happy trading.

Terry