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

 

We are a bit too not positive and need to roll to lower strikes:

 

BTC 2 TGT 27Mar20 108 calls (TGT200327C108)

STC 2 TGT 19Jun20 110 calls (TGT200619C110) for a credit of $3.90 (selling a diagonal)

 

BTC 2 TGT 20Mar20 103 puts (TGT200320P103)

STO 2 TGT 20Mar20 93 puts (TGT200320P93)
BTO 2 TGT 19Jun20 95 puts (TGT200619P95)
STC 2 TGT 19Jun20 105 puts (TGT200619P105) for a debit of $.40 (selling a vertical roll)

 

BTC 2 TGT 20Mar20 102 puts (TGT200320P102)

STO 2 TGT 20Mar20 91 puts (TGT200320P91)
BTO 2 TGT 19Jun20 90 puts (TGT200619P90)
STC 2 TGT 19Jun20 100 puts (TGT200619P100) for a debit of $.75 (selling a vertical roll)

BTC 2 TGT 20Mar20 110 puts (TGT200320P110)

STO 2 TGT 20Mar20 90 puts (TGT200320P90)
BTO 2 TGT 19Jun20 90 puts (TGT200619P90)
STC 2 TGT 19Jun20 110 puts (TGT200619P110) for a debit of $1.70 (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