August 10, 2020 Terry’s Tips Trade Alert  – Earnings  Eagle Portfolio

We need to raise delta:

BTC 2 TGT 14Aug20 129 puts (TGT200814P129)
STO 2 TGT 14Aug20 132 puts (TGT200814P132) for a credit of $0.95 (selling a vertical)

BTO 1 TGT 16Oct20 135 put (TGT201016P135)
STC 1 TGT 16Oct20 130 put (TGT201016P130) for a debit of $2.70 (buying a vertical)

BTC 1 TGT 14Aug20 131 call (TGT200814C131)
STO 1 TGT 14Aug20 134 call (TGT200814C134) for a debit of $1.40 (buying a vertical)

BTO 1 TGT 16Oct20 135 call (TGT201016C135)
STC 1 TGT 16Oct20 130 call (TGT201016C130) for a credit of $2.35 (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