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

 

These trades will make us less negative net delta:

 

BTC 5 TGT 29May20 115 calls (TGT200529C115)  

STO 5 TGT 5Jun20 120 calls (TGT200605C120) for a debit of $2.60 (selling a diagonal)

 

BTO 3 TGT 17Jul20 120 calls (TGT200717C120)
STC 3 TGT 17Jul20 115 calls (TGT200717C115) for a credit of $2.96 (selling a vertical)

BTO 2 TGT 17Jul20 120 calls (TGT200717C120
STC 2 TGT 19Jun20 115 calls (TGT200619C115) for a credit of $1.32 (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