October 13, 2020 Terry’s Tips Trade Alert - Earnings  Eagle Portfolio

We have become negative net delta:

BTC 2 TGT 16Oct20 162.5 puts (TGT201016P162.5)
STO 2 TGT 16Oct20 167.5 puts (TGT201016P167.5) for a credit of $1.70 (selling a vertical) (50%)

BTO 1 TGT 20Nov20 170 put (TGT201120P170)
STC 1 TGT 20Nov20 160 put (TGT201120P160) for a debit of $4.80 (buying a vertical) (33%)

BTC 1 TGT 16Oct20 165 call (TGT201016C165)
STO 1 TGT 16Oct20 170 call (TGT201016C170) for a debit of $2.05 (buying a vertical) (33%)


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

Happy trading.

Terry