May 12, 2020  Terry’s Tips Trade Alert #2 – Earnings  Eagle  Portfolio

 

The stock keeps going up and has made us negative net delta once again:

 

BTC 2 TGT 15May20 117 calls (TGT200515C117)

STO 2 TGT 15May20 125 calls (TGT200515C125)

BTO 2 TGT 19Jun20 125 calls (TGT200619C125)

STC 2 TGT 19Jun20 115 calls (TGT200619C115) for a credit of $.77 (selling a vertical roll)

 

BTC 1 TGT 15May20 119 call (TGT200515C119)

STO 1 TGT 15May20 125 call (TGT200515C125)

BTO 1 TGT 19Jun20 125 call (TGT200619C125)

STC 1 TGT 19Jun20 115 call (TGT200619C115) for a credit of $2.50 (selling a vertical roll)

 

BTC 1 TGT 15May20 119 call (TGT200515C119)

STO 1 TGT 15May20 125 call (TGT200515C125)

BTO 1 TGT 19Jun20 125 call (TGT200619C125)

STC 1 TGT 19Jun20 120 call (TGT200619C120) for a debit of $.66 (selling a vertical roll)

 

BTC 5 TGT 22May20 110 puts (TGT200522P110)

STO 5 TGT 22May20 120 puts (TGT200522P120)

BTO 5 TGT 19Jun20 120 puts (TGT200619P120)

STC 5 TGT 19Jun20 110 puts (TGT200619P110) for a debit of $.16 (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