May 12, 2020  Terry’s Tips Trade Alert #3 – Earnings  Eagle  Portfolio

 

This trade will finally get us to being positive net delta:

 

BTC 5 TGT 15May20 120 calls (TGT200515C120)

STO 5 TGT 15May20 125 calls (TGT200515C125)

BTO 5 TGT 19Jun20 125 calls (TGT200619C125)

STC 5 TGT 19Jun20 120 calls (TGT200619C120) for a debit of $.04 (selling 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