November 20, 2020 Terry’s Tips Trade Alert - Earnings Eagle Portfolio

If you were assigned 167.5 calls, buy the stock at the market and sell the appropriate number of 04Dec20 175 calls.  Otherwise, execute the following:

 

BTC 2 TGT 20Nov20 167.5 calls  (TGT201120C167.5)
STO 2 TGT 04Dec20 175 calls  (TGT201204C175) for a debit of $3.60 (selling a diagonal) (100%)

BTO 1 TGT 15Jan21 180 call (TGT210115C180)
STC 1 TGT 15Jan21 165 call (TGT210115C165) for a credit of $7.95 (selling a vertical) (33%)

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

Happy trading.

Terry