May 28, 2020  Terry’s Tips Trade Alert #4 – Earnings Eagle Portfolio - corrected

 

We have become negative net delta once again:

 

BTC 1 TGT 29May20 117 call (TGT200529C117)

STO 1 TGT 5Jun20 122 call (TGT200605C122) for a debit of $2.07 (selling a diagonal)

 

BTC 1 TGT 29May20 118 call (TGT200529C118)

STO 1 TGT 5Jun20 123 call (TGT200605C123) for a debit of $1.47 (selling a diagonal)

 

BTO 1 TGT 17Jul20 125 call (TGT200717C125)
STC 1 TGT 17Jul20 115 call (TGT200717C115) for a credit of $5.35 (selling a vertical)

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

 

Happy trading.

Terry