May 6, 2020  Terry’s Tips Trade Alert #2 –  Earnings Eagle  Portfolio

 

We are still negative net delta:

BTC 5 TGT 08May20 110 puts (TGT200508P110)
STO 5 TGT 08May20 115 puts (TGT200508P115)
BTO 5 TGT 19Jun20 115 puts (TGT200619P115)
STC 5 TGT 19Jun20 110 puts (TGT200619P110) for a debit of $.88 (buying a vertical roll)

BTC 1 TGT 08May20 110 put (TGT200508P110)

STC 1 TGT 19Jun20 110 put (TGT200619P110) for a credit of $4.50 (selling 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