May 14, 2020  Terry’s Tips Trade Alert – Earnings  Eagle   Portfolio

 

With the stock falling big-time for the second straight day, we have become uncomfortably long:

 

BTC 8 TGT 15May20 125 calls (TGT200515C125) for $.03 (no commission)

 

BTO 8 TGT 19Jun20 115 calls (TGT200619C115)

STC 8 TGT 19Jun20 125 calls (TGT200619C125) for a debit of $4.36  (buying a vertical)

 

STO 8 TGT 22May20 115 calls (TGT200522C115) for $5.55

 

BTO 2 TGT 19Jun20 115 calls (TGT200619C115)

STO 2 TGT 15May20 118 calls (TGT200515C118) for a debit of $6.65 (buying a diagonal)

 

Be[Ta1]  prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

 

Happy trading.

Terry