May 17, 2021 Terry’s Tips Trade Alert - Earnings  Eagle Portfolio

We are opening spreads in Target (TGT), which reports Wednesday before the open:

BTO 1 TGT 25Jun21 210 put (TGT210625P210)
STO 1 TGT 21May21 210 put  (TGT210521P210) for a debit of $2.75 (buying a calendar)

BTO 2 TGT 25Jun21 205 puts (TGT210625P205)
STO 2 TGT 21May21 205 puts  (TGT210521P205) for a debit of $2.55 (buying a calendar)

BTO 1 TGT 25Jun21 200 put (TGT210625P200)
STO 1 TGT 21May21 200 put  (TGT210521P200) for a debit of $2.45 (buying a calendar)

BTO 1 TGT 25Jun21 195 put (TGT210625P195)
STO 1 TGT 21May21 195 put  (TGT210521P195) for a debit of $1.80 (buying a calendar)

BTO 1 TGT 25Jun21 210 call (TGT210625C210)
STO 1 TGT 21May21 210 call  (TGT210521C210) for a debit of $2.80 (buying a calendar)

BTO 2 TGT 25Jun21 215 calls (TGT210625C215)
STO 2 TGT 21May21 215 calls  (TGT210521C215) for a debit of $2.70 (buying a calendar)

BTO 1 TGT 25Jun21 220 call (TGT210625C220)
STO 1 TGT 21May21 220 call  (TGT210521C220) for a debit of $2.20 (buying a calendar)

BTO 1 TGT 25Jun21 225 call (TGT210625C225)
STO 1 TGT 21May21 225 call  (TGT210521C225) for a debit of $1.65 (buying a calendar)

BTO 1 TGT 25Jun21 190 put (TGT210625P190)
STO 1 TGT 21May21 190 put  (TGT210521P190) for a debit of $1.65 (buying a calendar)

BTO 1 TGT 25Jun21 230 call (TGT210625C230)
STO 1 TGT 21May21 230 call  (TGT210521C230) for a debit of $1.40 (buying a calendar)


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

Happy trading.

Terry