June 4, 2020  Terry’s Tips Trade Alert –  Earnings Eagle  Portfolio

 

These trades will return us to positive net delta territory:

 

BTC 3 TGT 05Jun20 120 puts (TGT200605P120)

STO 3 TGT 12Jun20 120 puts (TGT200612P120) for a credit of $.94 (selling a calendar)

 

BTC 5 TGT 12Jun20 117 puts (TGT200612P117)

STO 5 TGT 12Jun20 122 puts (TGT200612P122) for a credit of $1.32 (selling a vertical)

 

BTC 5 TGT 12Jun20 118 puts (TGT200612P118)

STO 5 TGT 12Jun20 123 puts (TGT200612P123) for a credit of $1.69 (selling a vertical)

 

BTO 5 TGT 17Jul20 125 puts (TGT200717P125)

STC 5 TGT 17Jul20 115 puts (TGT200717P115) for a debit of $3.90  (buying a vertical)

 

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

 

Happy trading.

 

Terry