May 28, 2020  Terry’s Tips Trade Alert #2 – Earnings Eagle Portfolio

 

The stock is up again.  These trades will make us less negative net delta:

 

BTC 6 TGT 29May20 115 puts (TGT200529P115)

STC 6 TGT 19Jun20 115 puts (TGT200619P115) for a credit of $1.80 (selling a calendar)

 

BTO 3 TGT 17Jul20 120 calls (TGT200717C120)
STO 3 TGT 5Jun20 120 calls (TGT200605C120) for a debit of $3.03  (buying a calendar)

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

Happy trading.

Terry