October 9, 2020 Terry’s Tips Trade Alert #2 - Earnings  Eagle Portfolio

We continue rolling out our shorts and longs and raising delta:

STC 2 TGT 06Nov20 160 puts (TGT201106P160) for $3.35 (100%)

BTC 1 TGT 09Oct20 165 call (TGT201009C165)
STC 1 TGT 30Oct20 165 call (TGT201030C165) for a credit of $3.20 (selling a calendar) (100%)

BTO 1 TGT 20Nov20 170 put (TGT201120P170)
STC 1 TGT 06Nov20 162.5 put (TGT201106P162.5) for a debit of $7.35 (buying a diagonal) (100%)

BTC 1 TGT 09Oct20 162.5 put (TGT201009P162.5)
STO 1 TGT 16Oct20 160 put (TGT201016P160) for a credit of $0.60 (selling a diagonal) (100%)

BTC 1 TGT 09Oct20 165 call (TGT201009C165)
STO 1 TGT 16Oct20 165 call (TGT201016C165) for a credit of $1.45 (selling a calendar) (50%)


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

Happy trading.

Terry