November 13, 2020 Terry’s Tips Trade Alert #5 - Earnings  Eagle Portfolio

We can buy more spreads with our cash:

BTO 1 TGT 15Jan21 160 put (TGT210115P160)
STO 1 TGT 20Nov20 162.5 put  (TGT201120P162.5) for a debit of $2.15 (buying a diagonal)

BTO 3 TGT 15Jan21 155 puts (TGT210115P155)
STO 3 TGT 20Nov20 155 puts  (TGT201120P155) for a debit of $3.10 (buying a calendar)

BTO 2 TGT 15Jan21 150 puts (TGT210115P150)
STO 2 TGT 20Nov20 152.5 puts  (TGT201120P152.5) for a debit of $2.25 (buying a diagonal)

BTO 2 TGT 15Jan21 165 puts (TGT210115P165)
STO 2 TGT 20Nov20 165 puts  (TGT201120P165) for a debit of $3.25 (buying a calendar)

BTO 2 TGT 15Jan21 175 calls (TGT210115C175)
STO 2 TGT 20Nov20 170 calls  (TGT201120C170) for a debit of $1.50 (buying a diagonal)

BTO 2 TGT 15Jan21 175 calls (TGT210115C175)
STO 2 TGT 20Nov20 172.5 calls  (TGT201120C172.5) for a debit of $2.05 (buying a diagonal)


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

Happy trading.

Terry