November 18, 2020 Terry’s Tips Trade Alert #2 - Earnings  Eagle Portfolio

With TGT up more than 5% after earnings, we need to raise delta:

BTC 2 TGT 20Nov20 162.5 calls  (TGT201120C162.5)
STO 2 TGT 20Nov20 175 calls  (TGT201120C175) for a debit of $8.50 (buying a vertical) (100%)

BTO 2 TGT 15Jan21 175 calls  (TGT210115C175)
STC 2 TGT 18Dec20 160 calls  (TGT201218C160) for a credit of $7.30 (buying a diagonal) (100%)

BTC 2 TGT 20Nov20 165 calls  (TGT201120C165)
STO 2 TGT 20Nov20 177.5 calls  (TGT201120C177.5) for a debit of $6.55 (buying a vertical) (100%)

BTO 1 TGT 15Jan21 185 call  (TGT210115C185)
STC 1 TGT 18Dec20 165 call  (TGT201218C165) for a credit of $6.60 (buying a diagonal) (100%)


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

Happy trading.

Terry