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

We have become negative net delta:

BTC 2 TGT 02Oct20 152.5 puts (TGT201002P152.5)
STO 2 TGT 09Oct20 160 puts (TGT201009P160) for a credit of $2.20 (selling a diagonal)

BTO 1 TGT 30Oct20 160 put (TGT201030P160)
STC 1 TGT 30Oct20 155 put (TGT201030P155) for a debit of $2.10 (buying a vertical)

BTO 1 TGT 20Nov20 160 put (TGT201120P160)
STC 1 TGT 20Nov20 150 put (TGT201120P150) for a debit of $4.20 (buying a vertical)


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

Happy trading.

Terry