March 24, 2020  Terry’s Tips Trade Alert  –  Earnings  Eagle  Portfolio

 

We are uncomfortably long:

 

BTC 1 TGT 27Mar20 101 call (TGT200327C101)

STC 1 TGT 19Jun20 105 call (TGT200619C105) for a credit of $3.68 (selling a diagonal)

 

BTC 2 TGT 27Mar20 101 calls (TGT200327C101)

STC 2 TGT 19Jun20 100 calls (TGT200619C100) for a credit of $5.78 (selling a diagonal)  

 

BTO 2 TGT 19Jun20 90 puts (TGT200619P90)
STO 2 TGT 27Mar20 90 puts (TGT200327P90) for a debit of $4.98  (buying a calendar)

BTO 2 TGT 19Jun20 95 puts (TGT200619P95)

STC 2 TGT 19Jun20 105 puts (TGT200619P105) for a credit of $5.78 (selling a vertical)

 

BTO 1 TGT 19Jun20 90 put (TGT200619P90)
STO 1 TGT 27Mar20 93 put (TGT200327P93) for a debit of $3.95 (buying a diagonal)

BTO 1 TGT 19Jun20 95 put (TGT200619P95)
STO 1 TGT 27Mar20 93 put (TGT200327P93) for a debit of $5.85 (buying a diagonal)

 

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

 

Happy trading.

Terry