June 23, 2020  Terry’s Tips Trade Alert  #2 –  Earnings  Eagle   Portfolio

 

This trade will pick us up some nice theta:

 

BTC 6 TGT 26Jun20 125 calls (TGT200626C125)
STO 6 TGT 26Jun20 122 calls (TGT200626C122) for a credit of $1.20 (selling a vertical)

BTO 6 TGT 21Aug20 125 calls (TGT200821C125)

STC 6 TGT 17Jul20 125 calls (TGT200717C125) for a debit of $2.85  (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