September 8, 2020 Terry’s Tips Trade Alert  - Earnings  Eagle Portfolio

We have become uncomfortably long:

BTC 2 TGT 11Sep20 150 calls (TGT200911C150)
STO 2 TGT 11Sep20 145 calls (TGT200911C145)
BTO 2 TGT 16Oct20 145 calls (TGT201016C145)
STC 2 TGT 16Oct20 150 calls (TGT201016C150) for a debit of $0.80 (selling a vertical roll)

BTC 1 TGT 11Sep20 147 put (TGT200911P147)
STO 1 TGT 11Sep20 142 put (TGT200911P142)
BTO 1 TGT 16Oct20 145 put (TGT201016P145)
STC 1 TGT 16Oct20 150 put (TGT201016P150) for a credit of $0.55 (buying a vertical roll)


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

Happy trading.

Terry