October 1, 2020 Terry’s Tips Trade Alert #2 - Earnings  Eagle Portfolio

We remain negative net delta:

BTC 2 TGT 02Oct20 155 puts (TGT201002P155)
STO 2 TGT 09Oct20 157.5 puts (TGT201009P157.5) for a credit of $1.15 (selling a diagonal)

BTO 1 TGT 30Oct20 160 put (TGT201030P160)
STC 1 TGT 30Oct20 155 put (TGT201030P155) for a debit of $2.00 (buying a vertical)

BTC 2 TGT 02Oct20 157.5 calls (TGT201002C157.5)
STO 2 TGT 09Oct20 162.5 calls (TGT201009C162.5) for a debit of $1.65 (selling a diagonal)

BTO 1 TGT 20Nov20 155 call (TGT201120C155)
STC 1 TGT 20Nov20 145 call (TGT201120C145) for a credit of $6.90 (selling a vertical)


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

Happy trading.

Terry