November 25, 2020 Terry’s Tips Trade Alert – Earnings  Eagle Portfolio

We have become negative net delta:

BTC 3 TGT 04Dec20 175 calls  (TGT201204C175)
STO 3 TGT 04Dec20 187.5 calls  (TGT201204C187.5) for a debit of $5.30 (buying a vertical) (60%)

BTO 2 TGT 15Jan21 190 calls  (TGT210115C190)
STC 2 TGT 15Jan21 175 calls  (TGT210115C175) for a credit of $6.60 (selling a vertical) (20%)


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

Happy trading.

Terry