November 9, 2020 Terry’s Tips Trade Alert #2 - Earnings  Eagle Portfolio

We continue to reduce delta:

BTC 1 TGT 13Nov20 160 put (TGT201113P160)
STO 1 TGT 13Nov20 152.5 put (TGT201113P152.5) for a debit of $2.90 (buying a vertical) (50%)

BTC 1 TGT 13Nov20 160 put (TGT201113P160)
STO 1 TGT 13Nov20 155 put (TGT201113P155) for a debit of $2.40 (buying a vertical) (100%)

BTO 1 TGT 18Dec20 150 put (TGT201218P150)
STC 1 TGT 18Dec20 165 put (TGT201218P165) for a credit of $7.60 (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