August 6, 2020 Terry’s Tips Trade Alert #2 – Earnings  Eagle Portfolio

We still need to reduce delta and will continue setting up for next week:

BTC 2 TGT 07Aug20 130 puts (TGT200807P130)
STO 2 TGT 14Aug20 128 puts (TGT200814P128) for a debit of $0.30 (selling a diagonal)
 
BTC 4 TGT 07Aug20 130 calls (TGT200807C130)
STC 4 TGT 14Aug20 130 calls (TGT200814C130) for a credit of $0.80 (selling a calendar)


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

Happy trading.

Terry