May 11, 2020  Terry’s Tips Trade Alert #3  –  Earnings Eagle  Portfolio

 

We are still negative net delta:

 

BTC 1 TGT 15May20 112 call (TGT200515C112)

STO 1 TGT 15May20 119 call (TGT200515C119)
BTO 1 TGT 19Jun20 120 call (TGT200619C120)
STC 1 TGT 19Jun20 110 call (TGT200619C110) for a credit of $.77 (selling a vertical)

BTC 1 TGT 15May20 113 call (TGT200515C113)
STC 1 TGT 19Jun20 115 call (TGT200619C115) for a credit of $1.70 (selling a diagonal)

 

BTC 1 TGT 15May20 113 call (TGT200515C113)
STO 1 TGT 15May20 119 call (TGT200515C119) for a debit of $4.53  (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