June 11, 2020  Terry’s Tips Trade Alert  – Earnings  Eagle  Portfolio

 

We are uncomfortably long:

 

BTC 3 TGT 12Jun20 123 puts (TGT200612P123)

STO 3 TGT 19Jun20 118 puts (TGT200619P118) for a debit of $1.52 (selling a diagonal)

BTC 3 TGT 12Jun20 122 puts (TGT200612P122)

STO 3 TGT 19Jun20 117 puts (TGT200619P117) for a debit of $.90 (selling a diagonal)

BTO 3 TGT 17Jul20 115 puts (TGT200717P115)
STC 3 TGT 17Jul20 125 puts (TGT200717P125) for a credit of $4.35 (selling a vertical)

BTC 6 TGT 12Jun20 124 calls (TGT200612C124)

STO 6 TGT 19Jun20 124 calls (TGT200619C124) for a credit of $.70 (selling a calendar)

 

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

 

Happy trading.

Terry