September 3, 2020 Terry’s Tips Trade Alert  #2 - Earnings  Eagle Portfolio

We remain overly long:

BTC 1 TGT 04Sep20 150 call (TGT200904C150)
STO 1 TGT 11Sep20 146 call (TGT200911C146) for a credit of $2.20 (selling a diagonal)

BTC 2 TGT 04Sep20 150 calls (TGT200904C150)
STO 2 TGT 11Sep20 147 calls (TGT200911C147) for a credit of $1.80 (selling a diagonal)

BTO 1 TGT 16Oct20 145 call (TGT201016C145)
STC 1 TGT 16Oct20 155 call (TGT201016C155) for a debit of $4.20 (buying a vertical)

BTC 2 TGT 04Sep20 149 puts (TGT200904P149)
STO 2 TGT 04Sep20 146 puts (TGT200904P146) for a debit of $2.10 (buying a vertical)

BTC 1 TGT 04Sep20 148 put (TGT200904P148)
STO 1 TGT 04Sep20 145 put (TGT200904P145) for a debit of $1.65 (buying a vertical)

BTO 1 TGT 16Oct20 145 put (TGT201016P145)
STC 1 TGT 16Oct20 155 put (TGT201016P155) for a credit of $5.80 (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