October 15, 2020 Terry’s Tips Trade Alert - Earnings  Eagle Portfolio

We need to raise delta by rolling out to next week:

BTC 1 TGT 16Oct20 162.5 call (TGT201016C162.5)
STO 1 TGT 23Oct20 167.5 call (TGT201023C167.5) for a debit of $1.30 (selling a diagonal) (100%)

BTC 2 TGT 16Oct20 162.5 puts (TGT201016P162.5)
STO 2 TGT 23Oct20 165 puts (TGT201023P165) for a credit of $2.10 (selling a diagonal) (100%)

BTO 1 TGT 18Dec20 160 put (TGT201218P160)
STC 1 TGT 20Nov20 155 put (TGT201120P155) for a debit of $3.40 (buying a diagonal) (100%)


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

Happy trading.

Terry