June 26, 2020  Terry’s Tips Trade Alert  – Earnings  Eagle   Portfolio

 

These trades will set us up for next week, letting some short calls expire worthless:

 

BTC 4 TGT 26Jun20 120 puts (TGT200626P120)

STO 4 TGT 02Jul20 120 puts (TGT200702P120) for a credit of $1.42 (selling a calendar)

 

BTC 5 TGT 26Jun20 125 calls (TGT200626C125) for $.01 (no commission)

 

STO 5 TGT 02Jul20 120 calls (TGT200702C120) for $1.70

 

BTO 5 TGT 21Aug20 120 calls (TGT200821C120)

STC 5 TGT 21Aug20 125 calls (TGT200821C125) for a debit of $2.21  (buying a vertical)

 

BTO 2 TGT 21Aug20 120 calls (TGT200821C120)

STC 2 TGT 17Jul20 120 calls (TGT200717C120) for a debit of $3.03  (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