June 1, 2020  Terry’s Tips Trade Alert  #2 –  Earnings Eagle  Portfolio

 

We have spare cash we can us to get a little more positive net delta and leave some for additional adjustments if they become necessary :

 

BTO 2 TGT 17Jul20 125 calls (TGT200717C125)

STO 2 TGT 05Jun20 124 calls (TGT200605C124) for a debit of $2.11 (buying a diagonal)

 

Be[Ta1]  prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

 

Happy trading.

Terry