September 29, 2020 Terry’s Tips Trade Alert - Earnings  Eagle Portfolio

We have become negative net delta:

BTC 2 TGT 02Oct20 157.5 calls (TGT201002C157.5)
STO 2 TGT 02Oct20 162.5 calls (TGT201002C162.5) for a debit of $1.75 (buying a vertical)

BTO 2 TGT 30Oct20 170 calls (TGT201030C170)
STC 2 TGT 30Oct20 160 calls (TGT201030C160) for a credit of $2.90 (selling a vertical)

BTC 2 TGT 02Oct20 150 puts (TGT201002P150)
STO 2 TGT 02Oct20 160 puts (TGT201002P160) for a credit of $2.50 (selling a vertical)

BTO 2 TGT 06Nov20 160 puts (TGT201106P160)
STC 2 TGT 16Oct20 150 puts (TGT201016P150) for a debit of $6.05 (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