September 28, 2020 Terry’s Tips Trade Alert - Earnings  Eagle Portfolio

We have become negative net delta:

BTC 1 TGT 02Oct20 149 put (TGT201002P149)
STO 1 TGT 02Oct20 157.5 put (TGT201002P157.5) for a credit of $1.60 (selling a vertical)

BTO 1 TGT 06Nov20 157.5 put (TGT201106P157.5)
STC 1 TGT 16Oct20 150 put (TGT201016P150) for a debit of $5.05 (buying a diagonal)

BTC 3 TGT 02Oct20 155 calls (TGT201002C155)
STO 3 TGT 02Oct20 160 calls (TGT201002C160) for a debit of $2.55 (buying a vertical)

BTO 1 TGT 30Oct20 165 call (TGT201030C165)
STC 1 TGT 30Oct20 155 call (TGT201030C155) for a credit of $4.20 (selling a vertical)

BTO 1 TGT 30Oct20 160 call (TGT201030C160)
STC 1 TGT 30Oct20 155 call (TGT201030C155) for a credit of $2.50 (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