November 17, 2020 Terry’s Tips Trade Alert - Earnings  Eagle Portfolio

This trades increase delta and theta heading into earnings:

BTO 2 TGT 15Jan21 165 calls (TGT210115C165)
STC 2 TGT 18Dec20 155 calls  (TGT201218C155) for a credit of $4.20 (buying a diagonal) (100%)

BTO 4 TGT 15Jan21 175 calls (TGT210115C175)
STO 4 TGT 20Nov20 175 calls  (TGT201120C175) for a debit of $2.75 (buying a calendar)

BTC 1 TGT 20Nov20 160 call  (TGT201120C160)
STO 1 TGT 20Nov20 175 call  (TGT201120C175) for a debit of $5.50 (buying a vertical) (100%)

BTO 1 TGT 15Jan21 165 call (TGT210115C165)
STC 1 TGT 18Dec20 160 call  (TGT201218C160) for a credit of $0.90 (buying a diagonal) (33%)

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

Happy trading.

Terry