April 21, 2020  Terry’s Tips Trade Alert –  Earnings Eagle  Portfolio

 

We are uncomfortably long:

 

BTC 5 TGT 24Apr20 110 puts (TGT200424P110)
STO 5 TGT 24Apr20 105 puts (TGT200424P105)
BTO 5 TGT 19Jun20 105 puts (TGT200619P105)
STC 5 TGT 19Jun20 110 puts (TGT200619P110) for a debit of $.43 (buying a vertical roll)

BTC 3 TGT 24Apr20 110 calls (TGT200424C110)

STO 3 TGT 1May20 110 calls (TGT200501C110) for a credit of $.62 (selling a calendar)

 

Be[Ta1]  prepared to change this (these) price limit(s) by $.05 or more in order to get an execution.

Happy trading.

Terry