May 8, 2020  Terry’s Tips Trade Alert – Earnings  Eagle  Portfolio

 

We will roll these over first, and it will make us more neutral net delta so we don’t get as concerned about what the stock might do:

 

BTC 1 TGT 08May20 112 call (TGT200508C112)

STO 1 TGT 15May20 112 call (TGT200515C112) for a credit of $.77 (selling a calendar)

 

BTC 3 TGT 08May20 113 calls (TGT200508C113)

STO 3 TGT 15May20 113 calls (TGT200515C113) for a credit of $.94 (selling a calendar)

 

BTC 3 TGT 08May20 114 calls (TGT200508C114)

STO 3 TGT 15May20 114 calls (TGT200515C114) for a credit of $1.35 (selling a calendar)

 

BTC 1 TGT 08May20 113 put (TGT200508P113) for $.05 (no commission)

 

STO 1 TGT 15May20 115 put (TGT200515P115) for $1.72

 

BTO 2 TGT 19Jun20 120 calls (TGT200619C120)

STO 2 TGT 15May20 117 calls (TGT200515C117) for a debit of $2.48 (buying a diagonal)

 

BTO 1 TGT 19Jun20 115 call (TGT200619C115)

STO 1 TGT 15May20 118 call (TGT200515C118) for a debit of $5.21 (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