August 19, 2020 Terry’s Tips Trade Alert  #4 - Earnings  Eagle Portfolio

We are raising the remaining put strikes to add theta:

BTC 2 TGT 21Aug20 136 puts (TGT200821P136)
STO 2 TGT 21Aug20 146 puts (TGT200821P146) for a credit of $0.25 (selling a vertical)

BTC 1 TGT 21Aug20 137 put (TGT200821P137)
STO 1 TGT 21Aug20 150 put (TGT200821P150) for a credit of $1.10 (selling a vertical)

BTC 1 TGT 21Aug20 138 put (TGT200821P138)
STO 1 TGT 21Aug20 150 put (TGT200821P150) for a credit of $1.10 (selling a vertical)

BTC 1 TGT 21Aug20 138 put (TGT200821P138)
STO 1 TGT 21Aug20 155 put (TGT200821P155) for a credit of $3.75 (selling a vertical)

BTO 2 TGT 16Oct20 145 puts (TGT201016P145)
STC 2 TGT 16Oct20 135 puts (TGT201016P135) for a debit of $2.35 (buying a vertical)

BTO 2 TGT 16Oct20 155 puts (TGT201016P155)
STC 2 TGT 16Oct20 140 puts (TGT201016P140) for a debit of $5.85 (buying a vertical)

BTO 1 TGT 16Oct20 150 put (TGT201016P150)
STC 1 TGT 16Oct20 140 put (TGT201016P140) for a debit of $3.30 (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