November 6, 2020 Terry’s Tips Trade Alert #3 - Earnings  Eagle Portfolio

We can use our cash to buy more spreads:

BTO 3 TGT 18Dec20 170 calls (TGT201218C170)
STO 3 TGT 13Nov20 165 calls (TGT201113C165) for a debit of $2.65 (buying a diagonal)

BTC 2 TGT 13Nov20 157.5 calls (TGT201113C157.5)
STO 2 TGT 13Nov20 160 calls (TGT201113C160) for a debit of $1.80 (buying a vertical) (100%)

BTO 1 TGT 18Dec20 155 calls (TGT201218C155)
STC 1 TGT 18Dec20 150 calls (TGT201218C150) for a credit of $3.35 (selling a vertical) (100%)


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

Happy trading.

Terry