June 15, 2020  Terry’s Tips Trade Alert  –  Earnings  Eagle  Portfolio

 

We are uncomfortably long:

 

BTC 6 TGT 19Jun20 124 calls (TGT200619C124)

STO 6 TGT 19Jun20 115 calls (TGT200619C115)
BTO 6 TGT 17Jul20 115 calls (TGT200717C115)
STC 6 TGT 17Jul20 125 calls (TGT200717C125) for a debit of $1.46 (buying a vertical roll)

BTC 2 TGT 19Jun20 123 puts (TGT200619P123)

STO 2 TGT 19Jun20 113 puts (TGT200619P113)
BTO 2 TGT 17Jul20 115 puts (TGT200717P115)
STC 2 TGT 17Jul20 125 puts (TGT200717P125) for a debit of $.00 (selling a vertical roll)

BTC 2 TGT 19Jun20 122 puts (TGT200619P122)

STO 2 TGT 19Jun20 114 puts (TGT200619P114)
BTO 2 TGT 17Jul20 115 puts (TGT200717P115)
STC 2 TGT 17Jul20 120 puts (TGT200717P120) for a debit of $2.27 (selling a vertical roll)

BTC 6 TGT 19Jun20 120 puts (TGT200619P120)

STO 6 TGT 19Jun20 115 puts (TGT200619P115)
BTO 6 TGT 17Jul20 115 puts (TGT200717P115)
STC 6 TGT 17Jul20 120 puts (TGT200717P120) for a debit of $.34 (selling a vertical roll)

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

 

Happy trading.

 

Terry