June 16, 2020  Terry’s Tips Trade Alert  – Earnings  Eagle  Portfolio

 

We have become negative net delta:

 

BTC 2 TGT 19Jun20 113 puts (TGT200619P113)
STC 2 TGT 17Jul20 115 puts (TGT200717P115) for a credit of $2.64 (selling a diagonal)

 

BTC 2 TGT 19Jun20 114 puts (TGT200619P114)
STC 2 TGT 17Jul20 115 puts (TGT200717P115) for a credit of $2.55 (selling a diagonal)

 

BTC 6 TGT 19Jun20 115 calls (TGT200619C115)
STO 6 TGT 19Jun20 123 calls (TGT200619C123)
BTO 6 TGT 17Jul20 120 calls (TGT200717C120)
STC 6 TGT 17Jul20 115 calls (TGT200717C115) for a debit of $.95 (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