October 14, 2020 Terry’s Tips Trade Alert - Earnings  Eagle Portfolio

We have become uncomfortably long:

BTC 2 TGT 16Oct20 167.5 puts (TGT201016P167.5)
STO 2 TGT 23Oct20 160 puts (TGT201023P160) for a debit of $2.85 (selling a diagonal) (100%)

BTO 1 TGT 20Nov20 155 put (TGT201120P155)
STC 1 TGT 20Nov20 170 put (TGT201120P170) for a credit of $7.25 (selling a vertical) (50%)

BTC 1 TGT 16Oct20 170 call (TGT201016C170)
STO 1 TGT 16Oct20 162.5 call (TGT201016C162.5) for a credit of $2.00 (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