September 9, 2020 Terry’s Tips Trade Alert  #2 - Earnings  Eagle Portfolio

We remain negative net delta:

BTC 1 TGT 11Sep20 145 call (TGT200911C145)
STO 1 TGT 11Sep20 147 call (TGT200911C147) for a debit of $1.30 (buying a vertical)

BTC 1 TGT 11Sep20 145 call (TGT200911C145)
STO 1 TGT 11Sep20 148 call (TGT200911C148) for a debit of $1.70 (buying a vertical)

BTO 1 TGT 16Oct20 150 call (TGT201016C150)
STC 1 TGT 16Oct20 145 call (TGT201016C145) for a credit of $2.40 (selling a vertical)

BTC 1 TGT 11Sep20 142 put (TGT200911P142)
STO 1 TGT 18Sep20 147 put (TGT200918P147) for a credit of $2.40 (selling a diagonal)

BTO 1 TGT 16Oct20 145 put (TGT201016P145)
STC 1 TGT 16Oct20 140 put (TGT201016P140) for a debit of $1.80 (buying a vertical)


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

Happy trading.

Terry