October 2, 2020 Terry’s Tips Trade Alert #3 - Earnings  Eagle Portfolio

We can use our cash to roll out some long positions:

BTO 2 TGT 20Nov20 155 puts (TGT201120P155)
STC 2 TGT 30Oct20 160 puts (TGT201030P160) for a debit of $1.80 (buying a diagonal) (100%)

BTO 2 TGT 20Nov20 170 calls (TGT201120C170)
STC 2 TGT 30Oct20 170 calls (TGT201030C170) for a debit of $2.90 (buying a calendar) (100%)


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

Happy trading.

Terry