September 22, 2020 Terry’s Tips Trade Alert #3 - Earnings  Eagle Portfolio

We remain negative net delta:

BTC 1 TGT 25Sep20 148 put (TGT200925P148)
STC 1 TGT 30Oct20 145 put (TGT201030P145) for a credit of $1.90 (selling a diagonal)

BTC 2 TGT 25Sep20 149 puts (TGT200925P149)
STO 2 TGT 25Sep20 152.5 puts (TGT200925P152.5) for a credit of $0.75 (selling a vertical)

BTO 1 TGT 30Oct20 155 put (TGT201030P155)
STC 1 TGT 16Oct20 150 put (TGT201016P150) for a debit of $3.30 (buying a diagonal)

BTC 1 TGT 25Sep20 150 call (TGT200925C150)
STO 1 TGT 25Sep20 155 call (TGT200925C155) for a debit of $3.20 (buying a vertical)

BTO 1 TGT 20Nov20 150 call (TGT201120C150)
STC 1 TGT 20Nov20 145 call (TGT201120C145) for a credit of $3.20 (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