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

We have become negative net delta:

BTC 2 TGT 18Sep20 145 puts (TGT200918P145)
STO 2 TGT 18Sep20 150 puts (TGT200918P150)
BTO 2 TGT 16Oct20 150 puts (TGT201016P150)
STC 2 TGT 16Oct20 145 puts (TGT201016P145) for a debit of $0.75 (buying a vertical roll)

BTC 1 TGT 18Sep20 148 call (TGT200918C148)
STO 1 TGT 18Sep20 152.5 call (TGT200918C152.5) for a debit of $1.95 (buying a vertical)

BTO 1 TGT 16Oct20 155 call (TGT201016C155)
STC 1 TGT 16Oct20 145 call (TGT201016C145) for a credit of $4.90 (selling a vertical)


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

Happy trading.

Terry