March 9, 2020  Terry’s Tips Trade Alert   –  Earnings Eagle  Portfolio

 

We have become negative net delta:

 

BTO 2 TGT 19Jun20 110 calls (TGT200619C110)

STO 2 TGT 13Mar20 110 calls (TGT200313C110) for a debit of $6.10  (buying a calendar)

 

BTC 2 TGT 20Mar20 110 calls (TGT200320C110)

STO 2 TGT 13Mar20 110 calls (TGT200313C110) for a debit of $1.00  (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