July 15, 2020 Terry’s Tips Trade Alert #3 – Earnings  Eagle  Portfolio

     

We have become negative net delta once again.  These trades should finally do the trick:

 

BTC 4 TGT 17Jul20 117 puts (TGT200717P117)

STO 4 TGT 24Jul20 117 puts (TGT200724P117) for a credit of $.53 (selling a calendar)

 

BTC 2 TGT 17Jul20 118 puts (TGT200717P118)

STO 2 TGT 24Jul20 118 puts (TGT200724P118) for a credit of $.62 (selling a calendar)

 

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

 

Happy trading.

Terry