September 4, 2020 Terry’s Tips Trade Alert  #2 - Earnings  Eagle Portfolio

This completes rolling out, makes a few strike adjustments and adds two spreads:

BTC 1 TGT 04Sep20 145 put (TGT200904P145)
STO 1 TGT 11Sep20 146 put (TGT200911P146) for a credit of $1.90 (selling a diagonal)

BTC 1 TGT 11Sep20 150 call (TGT200911C150)
STO 1 TGT 11Sep20 149 call (TGT200911C149) for a credit of $0.25 (selling a vertical)

BTC 2 TGT 11Sep20 150 calls (TGT200911C150)
STO 2 TGT 11Sep20 148 calls (TGT200911C148) for a credit of $0.60 (selling a vertical)

BTO 1 TGT 16Oct20 145 call (TGT201016C145)
STC 1 TGT 15Oct20 150 call (TGT201016C150) for a debit of $2.55 (buying a vertical)

BTO 1 TGT 16Oct20 135 put (TGT201016P135)
STO 1 TGT 11Sep20 145 put (TGT200911P145) for a debit of $0.70 (buying a diagonal)

BTO 1 TGT 16Oct20 140 put (TGT201016P140)
STO 1 TGT 11Sep20 144 put (TGT200911P144) for a debit of $2.30 (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