October 8, 2020 Terry’s Tips Trade Alert - Earnings  Eagle Portfolio

We have become negative net delta:

BTC 2 TGT 09Oct20 155 puts (TGT201009P155) for $0.04 (100%)
 
STO 2 TGT 16Oct20 162.5 puts (TGT201016P162.5) for $2.50 (selling a vertical)

BTO 1 TGT 20Nov20 160 put (TGT201120P160)
STC 1 TGT 20Nov20 155 put (TGT201120P155) for a debit of $2.15 (buying a vertical) (33%)

BTO 1 TGT 20Nov20 165 put (TGT201120P165)
STC 1 TGT 20Nov20 155 put (TGT201120P155) for a debit of $4.75 (buying a vertical) (33%)


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

Happy trading.

Terry