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

We have become negative net delta:

BTC 1 TGT 25Sep20 148 call (TGT200925C148)
STO 1 TGT 25Sep20 152.5 call (TGT200925C152.5) for a debit of $3.05 (buying a vertical)

BTO 2 TGT 30Oct20 155 calls (TGT201030C155)
STC 2 TGT 16Oct20 150 calls (TGT201016C150) for a credit of $1.30 (buying a diagonal)

BTC 1 TGT 25Sep20 145 put (TGT200925P145)
STC 1 TGT 16Oct20 145 put (TGT201016P145) for a credit of $1.50 (selling a calendar)

BTC 2 TGT 25Sep20 146 puts (TGT200925P146)
STC 2 TGT 16Oct20 145 puts (TGT201016P145) for a credit of $1.40 (selling a diagonal)

BTC 2 TGT 25Sep20 149 calls (TGT200925C149)
STO 2 TGT 25Sep20 155 calls (TGT200925C155) for a debit of $3.10 (buying a vertical)

BTO 2 TGT 30Oct20 160 calls (TGT201030C160)
STC 2 TGT 16Oct20 155 calls (TGT201016C155) for a credit of $0.60 (buying a diagonal)


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

Happy trading.

Terry