June 19, 2020  Terry’s Tips Trade Alert  - Earnings  Eagle   Portfolio

 

With the stock up over $4 today, we must make wholesale changes to get set up for next week:

 

BTC 4 TGT 19Jun20 118 calls (TGT200619C118)

STC 4 TGT 17Jul20 115 calls (TGT200717C115) for a credit of $4.50 (selling a diagonal)

 

BTC 1 TGT 19Jun20 118 call (TGT200619C118)

STC 1 TGT 17Jul20 120 call (TGT200717C120) for a credit of $.90 (selling a diagonal)

 

BTC 7 TGT 19Jun20 120 calls (TGT200619C120)

STO 7 TGT 26Jun20 120 calls (TGT200626C120) for a credit of $1.05 (selling a calendar)

 

BTC 6 TGT 19Jun20 115 puts (TGT200619P115) for $.02 (no commission)

 

BTC 3 TGT 19Jun20 117 puts (TGT200619P117) for $.03 (no commission)

 

BTC 3 TGT 19Jun20 118 puts (TGT200619P118) for $.04 (no commission)

 

STO 12 TGT 26Jun20 120 puts (TGT20066P120) for $1.14

 

BTO 9 TGT 17Jul20 120 puts (TGT200717P120)
STC 9 TGT 17Jul20 115 puts (TGT200717P115) for a debit of $1.43  (buying a vertical)

 

BTO 6 TGT 21Aug125 calls (TGT200821C125)

STO 6 TGT 26Jun20 125 calls (TGT200626C125) for a debit of $4.42 (buying 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