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

 

We have become negative net delta:

 

BTC 5 TGT 15May20 115 puts (TGT200515P115)

STO 5 TGT 15May20 120 puts (TGT200515P120)
BTO 5 TGT 19Jun20 120 puts (TGT200619P120)
STC 5 TGT 19Jun20 115 puts (TGT200619P115) for a debit of $.03 (buying 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