September 22, 2020 Terry’s Tips Trade Alert #2 - Earnings  Eagle Portfolio

We have become negative net delta:

BTC 2 TGT 25Sep20 150 calls (TGT200925C150)
STO 2 TGT 25Sep20 155 calls (TGT200925C155) for a debit of $2.90 (buying a vertical)

BTO 1 TGT 20Nov20 155 call (TGT201120C155)
STC 1 TGT 20Nov20 145 call (TGT201120C145) for a credit of $5.55 (selling a vertical)

BTC 2 TGT 25Sep20 147 puts (TGT200925P147)
STO 2 TGT 25Sep20 150 puts (TGT200925P150) for a credit of $0.35 (selling a vertical)

BTC 2 TGT 25Sep20 148 puts (TGT200925P148)
STO 2 TGT 25Sep20 152.5 puts (TGT200925P152.5) for a credit of $1.00 (selling a vertical)

BTO 1 TGT 30Oct20 155 put (TGT201030P155)
STC 1 TGT 30Oct20 145 put (TGT201030P145) for a debit of $3.90 (buying a vertical)


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

Happy trading.

Terry