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

We need to reduce delta with TGT down more than 2%:

BTC 3 TGT 13Nov20 165 calls (TGT201113C165)
STO 3 TGT 13Nov20 157.5 calls (TGT201113C157.5) for a credit of $2.00 (selling a vertical) (100%)

BTO 1 TGT 18Dec20 160 call (TGT201218C160)
STC 1 TGT 18Dec20 170 call (TGT201218C170) for a debit of $3.35 (buying 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