March 6, 2020  Terry’s Tips Trade Alert #3  –  Earnings  Eagle  Portfolio

 

We have spare cash we can use to add a little downside protection:

 

BTO 2 TGT 19Jun20 105 puts (TGT200619P105)

STO 2 TGT 13Mar20 101 puts (TGT200313P101) for a debit of $7.60 (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